AARP Long-Term Care Insurance: Costs, Rates & Reviews
July 28, 2025
Does AARP Offer Long-Term Care Insurance?
Yes. As of 2025, AARP partners exclusively with New York Life Insurance Company to provide long-term care coverage for its members. This collaboration combines AARP’s trusted reputation in retirement and health advocacy with New York Life’s A++ (A.M. Best) financial strength and decades of experience in the long-term care market.
If you’re comparing options, this guide explains how AARP’s plan through New York Life works, what it covers, how much it costs, and how it compares to other leading insurers.
Estimated reading time: 8 minutesAARP’s Partnership with New York Life (2025)
Since 2014, AARP has partnered exclusively with New York Life to offer long-term care insurance to its members. This relationship replaced earlier endorsements with Genworth and MetLife, unifying AARP’s recommendations under one trusted provider.
Why AARP Chose New York Life
New York Life’s AARP-endorsed long-term care plans provide flexible options that fit a wide range of care needs and budgets. Members can customize their coverage with features such as:
- Comprehensive Benefits: Covers care in nursing homes, assisted living facilities, adult day care centers, and at home
- Flexible Benefit Periods: Choose coverage durations ranging from 2 to 7 years
- Customizable Daily Benefit Amounts: Typically between $100 to $400 per day
- Inflation Protection: Optional riders help benefits keep pace with rising care costs
- Elimination Periods: Select a waiting period of 90, 180 or 365 days before benefits begin
AARP Member Benefits
AARP members may be eligible for exclusive perks when buying long-term care coverage through New York Life. These can include discounted premiums and access to AARP’s educational resources that help members understand and plan for future care needs.
Tip: It’s still wise to compare AARP’s plan with other top-rated insurers to ensure you’re getting the best combination of value, flexibility, and protection.
Compare AARP Rates and Save
See how AARP’s plan compares with other leading carriers. Get personalized quotes to find the option that best fits your needs and budget.
AARP LTC Insurance Costs & Sample Rates
Premiums for long-term care insurance can vary widely. Like all LTC coverage, the cost of AARP’s long-term care insurance policy through New York Life depends on factors; age, health, coverage amount, benefit period, and optional features such as inflation protection.
Sample Premiums
Below are illustrative AARP plan rates from New York Life, shown alongside comparison quotes from another highly rated carrier. The New York Life examples include 3% simple inflation protection, while the alternate carrier uses 3% compound inflation protection. These figures are provided for general comparison only and are not guaranteed quotes.
Pro Tip: Be cautious with CPI-linked inflation protection. Each annual increase raises your premium based on your older age, which can significantly boost costs over time. Choosing a level-funded option locks in your rate at your current age and provides more predictable long-term affordability.
New York Life Monthly Costs by Age | |||
| Age at Purchase | Daily Benefit | Benefit Period | Estimated Monthly Premium |
| 55 | $150/day | 3 years | $215 – $300 |
| 60 | $150/day | 3 years | $255 – $375 |
| 65 | $150/day | 3 years | $310 – $465 |
| 60 | $200/day | 5 years | $450 – $720 |
Note: New York Life rates are based on 3% simple inflation protection, preferred health, and a 90-day elimination period.
Alternate Carrier Monthly Costs by Age | |||
| Age at Purchase | Daily Benefit | Benefit Period | Estimated Monthly Premium |
| 55 | $150/day | 3 years | $155 – $260 |
| 60 | $150/day | 3 years | $180 – $300 |
| 65 | $150/day | 3 years | $230 – $390 |
| 60 | $200/day | 5 years | $300 – $535 |
Note: Rates are based on 3% compound inflation protection, preferred health, and a 90-day elimination period. The insurer is rated A++ by A.M. Best.
What Affects AARP Long-Term Care Insurance Premiums
Several key factors determine how much you’ll pay for long-term care coverage through AARP and New York Life. Understanding these can help you tailor a plan that fits your needs and budget:
Age at Application: Younger applicants generally qualify for much lower premiums
Health Status: Medical underwriting affects both eligibility and pricing
Gender: Women often pay higher premiums due to longer average life expectancy
Geographic Location: Care costs vary by state and region
Coverage Amount: Higher daily benefit limits increase total premiums
Benefit Period: Longer coverage durations cost more overall
Elimination Period: Shorter waiting periods before benefits begin raise the cost
Optional Riders: Add-ons like inflation protection provide valuable benefits but also increase premiums
AARP Long-Term Care Insurance Reviews (Pros & Cons)
AARP’s long-term care plan through New York Life offers dependable coverage, member support, and valuable educational resources. However, because it’s limited to a single insurer, it may not be the most flexible or cost-effective option for everyone.
Advantages of AARP’s Coverage
- Backed by New York Life’s A++ (A.M. Best) financial strength
- Supported by the trusted AARP brand and member-focused service
- Comprehensive benefits across multiple care settings
- Access to planning tools and educational resources
- Potential premium discounts for AARP members
Potential Drawbacks
- Limited to one carrier, so members can’t compare multiple insurers
- May not provide the lowest-cost options available
- Fewer customization choices than some competitors
- No broad selection of hybrid LTC products
- Premium rates not guaranteed beyond the first three policy years
Should You Choose AARP Long-Term Care Insurance?
AARP’s long-term care coverage through New York Life can be a solid choice for some individuals, but it isn’t the right fit for everyone. The best plan for you depends on your budget, coverage goals, and how much flexibility or personal guidance you prefer. Here’s how to decide whether this option aligns with your needs:
When AARP’s Plan May Be a Good Fit
- AARP members who value brand familiarity and exclusive benefits
- Those comfortable working with one established insurer
- Buyers who appreciate New York Life’s financial strength
- Individuals who use AARP’s planning and educational tools
When to Explore Other Insurance Options
- Shoppers looking for the lowest possible premiums
- Those wanting more customization or hybrid LTC features
- Buyers who prefer to compare multiple insurers before committing
- Individuals concerned about future rate increases
Compare AARP Long-Term Care Insurance to Other Carriers
Why Independent Quotes Matter
Comparing AARP’s plan with other top-rated insurers can reveal opportunities for better coverage, lower premiums, or more flexible benefits. Every company prices risk differently, so getting independent quotes ensures you don’t overpay for similar protection.
Side-by-Side LTC Insurance Comparisons
Our independent specialists make it simple to compare plans from multiple trusted carriers. We’ll help you find a long-term care solution that fits your needs, preferences, and budget—all in one easy step.
Compare AARP LTC Insurance Quotes Side-by-Side
See how AARP’s plan through New York Life compares with other top-rated long-term care providers. Our specialists make it easy to review premiums and benefits—so you can choose the right plan with confidence.
What Our Clients Say
FAQs About AARP Long-Term Care Insurance
Does AARP offer long-term care insurance?
Yes. AARP offers long-term care insurance through a partnership with New York Life. This exclusive agreement provides members access to flexible plan options and educational resources.
How much does AARP long-term care insurance cost per month?
Monthly premiums vary by age, health, and coverage amount. For example, a 60-year-old might pay between $245 and $290 per month for a 3-year policy with a $150/day benefit.
Can I get a quote for AARP long-term care insurance online?
While AARP doesn’t offer direct quotes online, you can compare rates through an independent LTC specialist who includes AARP and other top carriers.
Does AARP recommend long-term care insurance
AARP educates about long-term care insurance but doesn’t directly recommend it. They partner with New York Life for long-term care insurance, and suggest consultation with independent brokers for the best options.
Last updated: July 28, 2025
Written by: Craig Matesky, President, ACACIA Insurance
Reviewed by: Mike Berger, National Sales Manager
Note: Coverages and features vary between insurers, differ by state, and may not be available in all locations.