67.5 F
New York
Thursday, June 8, 2023



2022 Long-Term Care Insurance Price Index Released by AALTCI

Related Articles

CBD Online Store Rebrands as Qinneba: Embracing the Past, Embracing the Future

Laguna Hills, CA, June 07, 2023 --(PR.com)-- CBD Online Store, a prominent provider of high-quality CBD products, is excited to announce its rebranding as Qinneba....
Los Angeles, CA, January 07, 2022 –(PR.com)– The annual price index for new long-term care insurance policies was published today by the American Association for Long-Term Care Insurance (AALTCI).

“Prices for new long-term care insurance have remained stable,” reports Jesse Slome, AALTCI’s director. The annual report analyzes various standard policy levels for individuals who are ages 55, 60 and 65.

According to the 2022 Long-Term Care Insurance Price Index a traditional policy valued at $165,000 in benefits can cost $950 annually for a 55-year-old male. The equivalent coverage for a 55-year-old woman is $1,500.

“The index looks at policy costs available to the largest number of prospective individuals,” Slome explains. “There definitely were options that could cost significantly more but that dissuades consumers from considering this important protection,” Slome adds. The policy cost analysis found that costs between…

Read more…

Popular Articles