Long-term care insurance rates on the rise

• 2% — Increase in long-term care insurance rates since last year.
• $723 — Average payment for basic LTCI coverage for a married 55-year-old; the same coverage costs $1,060 for a single person.
• $305,000% — Expected value of a basic plan in 20 years.
• $5.8 billion — Amount of LTCI claims paid in 2008.

Source: AALTCI