Determine Your Long-Term Care Insurance Need
We can help you learn about the cost of long-term care services and estimate what you might pay for a policy.
Review the Cost of Care
Costs may vary widely depending on where you live. We can show you the cost of long-term care services in your state and estimate the cost in the future with assumed inflation.
| Home Health Care | Average Costs in 2023 | Projected Costs in 2044 |
|---|---|---|
| Home Health Aide | $28.42per hour | $52.87per hour |
| LPN and RN | Average Costs in 2023 | Projected Costs in 2044 |
|---|---|---|
| Licensed Practical Nurse (LPN) | $122.54per visit | $227.96per visit |
| Registered Nurse (RN) | $136.47per visit | $253.87per visit |
| Assisted Living Facility | Average Costs in 2023 | Projected Costs in 2044 |
|---|---|---|
| One Bedroom Unit | $5,403.65per month | $10,052.38per month |
| Nursing Home | Average Costs in 2023 | Projected Costs in 2044 |
|---|---|---|
| Semi-Private Room | $241.30per day | $448.89per day |
| Private Room | $277.91per day | $516.99per day |
Annual cost for home health aide is based on services received 44 hours per week, 52 weeks per year. Annual cost for services are required.
Source: Mutual of Omaha Insurance Company's Cost-of-Care Study conducted by Illumifin, 2023; released March 2024
Source available upon request.
Estimate the cost of a Long-Term Care policy
Let us provide a rough idea of what you might pay for a basic policy. A licensed insurance agent will be able to provide a quote for a policy tailored to your specific needs.
The best time to buy a policy
The best time to buy long-term care insurance is before you need it. Unfortunately, there’s no way to know when that might be. Here are two reasons to consider purchasing a policy now.
Your Age
The cost of long-term care insurance is based on your age when you purchase your policy. That means every year you wait, the cost could increase.
Your Health
Your ability to purchase a policy is based on your good health. While you may be healthy today, a change tomorrow could make you ineligible for coverage.