Long Term Care Insurance Tools

Introduction to Using the Tools

While long term care insurance is an excellent option for addressing long term care needs, this insurance is not for everybody. The tools in this section are meant to help you determine whether long term care insurance is right for you. You can use the tools in any order by clicking on the links below or in the left-hand navigation of the screen.

The Cost of Care in Your Area tool allows you to calculate the average cost of care in 2008 for home health care, assisted living facilities and nursing homes in your area.

The Realities of Paying for Long Term Care Yourself tool helps you calculate how much money you will have saved by the time you anticipate needing care if you begin to set aside a certain amount of money each month starting now. It also compares what you will have saved with what the average cost of care in your area is expected to be at the time you anticipate needing care.

The Calculate FLTCIP Premiums tool allows you to calculate premiums yourself for the FLTCIP's four pre-packaged plans or a customized plan of your choice.

The Inflation Rate Tool allows you to view how the 4% and 5% Automatic Compound Inflation Options could impact your benefits.

Once you've used all the tools, we recommend you click the GET MY SUMMARY link in the left-hand navigation of the screen for a print-friendly summary of your results.

If, at any time, you need help, click on the "Instructions" link at the top of each page. For further assistance, please do not hesitate to call us.