Depending on where you live, long-term care can be very expensive.
A new website from Lincoln Financial Group offers guidance on which states come in at the high and low ends of pricing for those who are contemplating the need for LTC insurance coverage.
The data on the website certainly aren't comforting, especially amid headlines touting increases in the cost of health care as a person ages. In fact, current national averages for full-time long-term care services can range from $2,860 per month to $14,386, depending on the setting and level of care required. So insurance to cover such costs is definitely something to think about.
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