How much does long-term care insurance (LTCI) really cost? Many mistakenly believe that LTCI costs thousands of dollars a year. However, your age at the time of application plays an important role in determining your premiums. According to a study by the American Association for Long-Term Care Insurance, 41.5 percent of buyers under age 61 pay between $500 and $1,499 per year… [311 word article, October 2010]