Typical high-quality private long term care insurance costs about 2% more this year than it did in 2008.

The American Association for Long-Term Care Insurance, Westlake Village, Calif., has published that estimate in a report that compares policies that provide at least 3 years of benefits with 5% annual compound inflation protection.

“A 55-year-old individual considering long-term care insurance protection can expect to pay $723-per-year for a base level of protection if they are married or $1,060 if they are single,” the AALTCI reports.

For some age bands, the cost of coverage declined, according to AALTCI Executive Director Jesse Slome.

But low interest rates have depressed LTC insurers’ investment income, and that pressure has led some insurers to increase premiums, Slome says.