Rapid City Long-Term Care Insurance Information
This page provides specific, current information on Rapid City area long-term care costs and insurance protection.
The American Association for Long-Term Care Insurance does not sell insurance. If you live in South Dakota and would like costs (or to compare costs against a quote you have already received) complete our simple online questionnaire and we'll have a designated area professional provide you with no-obligation information.
Rapid City Long-Term Care Costs
Home Health Aide: Average Hourly Rate: $16.50
Homemaker: Average Hourly Rate: $14.85
Assisted Living: Lowest Monthly Cost: $1,995
Assisted Living: Highest Monthly Cost: $3,630
Assisted Living: Average Monthly Cost: $2,825
Nursing Home: Semi-Private Daily: $169
Nursing Home: Private Average Daily: $185
Shopper's Guide to Long-Term Care Insurance
Important Things To Keep In Mind
Insurance Company Ratings Matter
The rating of the company you buy from is very important. The Association has a page listing the leading long-term care insurance companies. Click to read the for Leading LTC Insurance Companies and to see their ratings.
Your Health Matters Most
It's important to start considering long-term care insurance when you are still able to "health qualify". Insurers offer individuals in good health discounts that are locked in. So, even when your health changes, and everyone's does, you'll still enjoy the savings. More important, you'll have locked in your insurability. Wait too long, and a health condition could arise that makes you uninsurable. Each insurance company sets their own acceptable health standards -- a reason you want to start by talking to a long-term care insurance professional with access to multiple insurance companies.
Rates Can Vary Significantly - It Pays To Compare
Each year we compare prices for virtually identical long-term care insurance coverage. For someone age 55, we have found rates can vary by a few hundred dollars a year... to nearly $1,000. Some insurance agents are only licensed and appointed to represent one insurance company -- and that may indeed be your best option. But it pays to ask and it may pay to work with someone who has access to multiple insurers. It costs nothing to get a comparison quote to make sure you have the best coverage for the best price.
There Are Ways To Reduce The Cost
Get the coverage you need... for a price you can afford. And, make sure you work with a knowledgeable long-term care insurance professional who can tell you ways to save on long-term care insurance. For more information on discounts worth considering, click here now.
This information is provided compliments of the American Association for Long-Term Care Insurance, the industry's professional trade organization. Click here to return to our Home Page.
Ready To Request Your Free Long-Term Care Quote ?
601 South Minnesota Avenie, Sioux Falls, SD 57104 (818) 597-3227 http://www.aaltci.orgRead more information. The American Association for Long-Term Care Insurance has the nation's most comprehensive online Consumer Information Center. Click here to go to the Information Center.
