Revised LTCi Quotes for Joseph and Brandon
Jesse Vickey
- 2 min read

Revised LTCi Quotes for Joseph and Brandon

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Joseph and Brandon,

Good news. Your revised long-term care (LTC) insurance quotes are ready.


🔁 Revised quote v2

For these revised quotes, I used four anchors: $530/month in lifetime premiums, cash benefits (not reimbursement), 5% benefit growth (the best fit since you’re both in your 30s), and maximizing benefits for each premium dollar. I reviewed all available policies that meet these criteria and believe Nationwide CareMatters Together is your strongest option. I’ve included it in the table below for comparison, along with my notes.

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Should you shop around? You can—but your quotes will be the same everywhere. Long-term care insurance prices are set by the insurance companies, not by brokers. We offer all the top policies and help you find the best fit.



🧐 My notes

I chose Nationwide CareMatters Together for several reasons:

  • 100% cash benefits provide maximum flexibility in how care is used.
  • Market-leading annual benefits for both of you at $530/month.
  • Shared benefit pool: You jointly access up to 8 years of benefits, allowing flexible use (for example, 2 years and 6 years, or 8 years and 0 years). For context, the average LTC claim for men is about 2.2 years.
  • 90-day elimination period with retroactive payment: Once you qualify, the first 90 days are paid back.
  • Affordable 5% growth option, which many competing policies do not offer.
  • Premium relief during claim: Once either of you is on claim, you only pay the life insurance portion of your premium at $71/month, not the LTC portion.

    Assisted-living in New Jersey is projected to cost $599k/year in 45 years (assuming 4% annual growth). Your Nationwide policy provides lower annual benefits ($346k) than this projection, but you can bridge the gap using personal savings and Social Security. The cost outside of NJ might also be lower. The goal for most people is meaningful coverage, not paying every dollar.
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Cost tool → Compare current and projected costs for home care, assisted living, and more in New Jersey and elsewhere.

If you'd like to adjust your annual benefits, you can adjust your premium—your benefits will change proportionally (e.g., by 25%).

Other options:

  • You could purchase two individual CareMatters policies. This would reduce flexibility (you can't share your benefit pool) and slightly lower your annual benefit amounts.
  • The Together policy caps shared benefits at 8 years. Two individual policies could extend benefits closer to 7 years each, increasing total lifetime benefits if care lasted that long, but with lower annual benefits.

👉🏻 Next steps

If any of these policies look appealing, please schedule time on my calendar so we can review the options together and address any questions you may have.

If you prefer to skip a call, I recommend each of you completing this longer health pre-screen form (15 minutes). I’ll share your answers anonymously with Nationwide to get informal feedback before any formal application. This helps us avoid the risk of a formal decline.

📺 Still learning?

Watch our "unboring" video on qualifying for LTC insurance or visit our website. That's me in the video.

Thanks,
Jesse

Jesse Vickey at Long Term What?
Schedule a call or 720-263-2188