Recently, the AALTCI reported that the typical premium costs for LTC Insurance increased 8.6% in January of 2015 compared to the prior year.  The higher rates are the result of both higher claim costs and the historic period of low interest rates.   Last year, long term care insurers paid out a record $7.5 billion in claim benefits and the Association predicts the industry will pay some $34 billion in annual claim benefits by 2032.

However, we also know the sweet spot for buying LTC Insurance is about $1,500 per year.  What are strategies for advisors and consumers in designing more affordable plans?  Here's a slideshare that talks about someone reducing a $9,000 annual premium to $1,500.  

Looking for more creative ways to design plans with reasonable premiums?  Check out this post

How to Design LTC Insurance for 5 different wealth groups