Blog Central

Long-term care insurance is an effective way to plan for the cost of care. But how much is it if you're already 75?

There's always activity in the LTC industry - from carriers to state policymakers and the federal government. We understand it can be hard to keep track of it all, so we are pleased to share Oliver Wyman's newsletter, the "LTC Lowdown," with CLTC members!

In today's inflationary environment, it can be rare to see the price of anything decline — especially anything of any substantial value. But that appears to have been the case for long-term care insurance premiums last year. 

Purchasing long-term care insurance can be a smart move, as long-term care can be costly, especially if you're paying out of pocket. And, when you factor in that most adults will need some type of long-term care after the age of 65, it can make even more sense to consider a long-term care insurance policy.