2012 Cost of Long Term Care

It is well understood that long term care services, whether obtained in your own home, in assisted living facilities, or in a nursing home, can cost a considerable amount.

The cost of long term care does, however, vary widely throughout the country due to cost of living differences, state and local regulations and other factors.

Long term care costs may also vary depending upon the level of care that is given, as well as whether your care is provided in your home, in assisted living facilities or in a skilled nursing home.

Our current  Cost of Long Term Care study will provide you with the current cost of care in your area, city or resident State.

Please click on the US Map below to view our interactive Cost of Long Term Care map.

Whether you are planning for long term care or considering buying long term care insurance, it is important to structure your planning around the foreseeable long term care costs in your area.

For instance, to understand how the costs of long term care differ, the 2012 long term care costs in Atlanta, Georgia are currently $6023 monthly for a private room in a nursing home. In Miami, Florida, the monthly cost for a private nursing home room is $9612. In Boston, Massachusetts long term care costs for a private nursing home room average $11,467 monthly. While in St. Louis, Missouri, the average long term care cost for a private nursing home room is currently $5384 monthly.

When buying long term care insurance, it is important to not over-insure the need nor under-insure the need.  If you have an educated idea as to the current costs of long term care in your city (or the area where you plan to retire to) you are less likely to commit one of the most common long term care insurance buying mistakes.

As you see from the costs of long term care, the question isn't always can you afford to have long term care insurance - it's can you afford not to.

Should you have any questions about the costs of long term care or how to properly select long term care insurance benefits, please call us direct toll free at 1-800-891-5824 or contact us via our website.  It will be our pleasure to assist you through the long term care planning process, as well as help guide you through your long term care insurance options.