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This could be a good year for a relatively young, healthy man to buy long-term care insurance (LTCI).

A single man in good health might pay an average of about $1,700 per year in 2020 for new stand-alone LTCI coverage, according to the American Association of Long-Term Care Insurance (AALTCI).

That’s down sharply from $2,050 in 2019.

(Related: Long-Term Care Insurance Benefits Payments Rise: AALTCI)

The average price for stand-alone LTCI coverage for women has fallen to about $2,675, from $2,700.

The average price for couples is holding steady at $3,050.

The prices reflect the cost, in Illinois, of a pool of benefits that amounts to $164,000 for each covered individual at age 55 and rises to $386,500 each by age 85.

AALTCI has not provided a list of the carriers included in the price data.

Jesse Slome, the director of  the Westlake Village, California-based group, said in a comment about the results that the average for men may have declined partly because some of the higher-priced carriers have stopped selling a large number of policies.

— Read AALTCI Sees Big Variations in 2019 LTCI Premiumson ThinkAdvisor.

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