How Are Premiums Calculated?
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UPDATED: Jul 16, 2021
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This depends on a variety of factors, including geography, level of care needed, and the setting in which care is provided. Nursing homes are the most costly — as much as $150 per day. That amounts to about $55,000 per year. Daily skilled care performed in your home by a visiting nurse might cost about half of that.
For other factors affecting cost, see “What Are the Factors I Should Consider In Analyzing My Need For Coverage?”