Florida Long-Term Care Insurance
Compare Plans, Costs & Coverage Options
For more than 30 years, ACACIA Insurance has helped Florida residents plan for their long-term care needs. As fully independent advisors, we compare highly rated insurance companies and policy types so you receive personalized and unbiased recommendations.
We review benefits, features, and pricing to help you choose the long-term care insurance plan that fits your goals and your budget.
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TABLE OF CONTENTS
- Do I Need Long-Term Care Insurance in Florida?
- Types of Long-Term Care Insurance in Florida
- Florida Long-Term Care Partnership Program
- Long-Term Care Insurance Companies in Florida
- Average Cost of Long-Term Care Insurance in Florida
- FAQs About Florida Long-Term Care Insurance
- Client Reviews
Estimated reading time: 8 minutes
Do I Need Long-Term Care Insurance in Florida?
Florida residents face long-term care risks similar to the rest of the nation, but the impact is greater in a state with a large retirement population. Nearly 70 percent of people who reach age 65 will need some type of long-term care.1
For Florida families, this means planning ahead is important. While one-third of people may never need long-term care, about 20 percent will need care for longer than five years. On average, women need 3.7 years of care while men need 2.2 years.2
In 2025, the average cost for three years of long-term care in Florida is $373,071, or about $124,357 per year. By 2045, that figure is projected to increase to $741,633, or $272,481 per year.3
Florida Long-Term Care Costs
Long-term care costs can differ significantly from one Florida region to another. The table below shows the average 2025 rates for several major areas across the state. You can view the complete statewide list in the section directly below.
Long-Term Care Rates in Florida 2025 | |||
| Nursing Home (private room) | Assisted Living (private room) | Home Health Aide (44 Hours/week) | |
| Florida Average | $124,357 | $58,599 | $64,417 |
| Miami | $126,195 | $65,831 | $60,985 |
| Orlando | $117,219 | $51,251 | $71,390 |
| Tampa | $128,432 | $53,522 | $65,145 |
| Jacksonville | $130,142 | $74,527 | $62,269 |
| Tallahassee | $121,529 | $74,665 | $60,623 |
| Region | Nursing Home | Assisted Living Facility | Home Health Aide |
| Cape Coral / Fort Myers | $125,532 | $71,346 | $70,275 |
| Crestview Area | $120,455 | $53,091 | $49,644 |
| Deltona / Daytona Beach | $126,942 | $59,205 | $72,868 |
| Gainesville | $123,792 | $69,191 | $63,716 |
| Homosassa Springs | $131,375 | $68,410 | $52,370 |
| Jacksonville | $130,142 | $74,527 | $62,269 |
| Lakeland /Winter Haven | $118,922 | $55,846 | $62,360 |
| Miami Area | $126,195 | $65,831 | $60,985 |
| Naples / Marco Island | $137,740 | $72,112 | $71,671 |
| North Port / Sarasota | $134,826 | $67,892 | $74,442 |
| Ocala | $120,801 | $51,249 | $69,489 |
| Orlando / Kissimmee | $117,219 | $51,251 | $71,390 |
| Palm Bay / Melbourne | $130,643 | $58,104 | $59,699 |
| Panama City | $131,219 | $71,512 | $70,207 |
| Pensacola / Ferry Pass | $134,004 | $51,437 | $57,040 |
| Port St. Lucie | $117,496 | $69,442 | $62,977 |
| Punta Gorda | $132,055 | $49,571 | $71,607 |
| Sebastian / Vero Beach | $117,348 | $63,080 | $66,567 |
| Sebring | $101,791 | $53,055 | $63,850 |
| Tallahassee | $121,529 | $74,665 | $60,623 |
| Tampa / St Petersburg | $128,432 | $53,522 | $65,145 |
| Wildwood / The Villages | $125,654 | $63,764 | $65,197 |
Source: Annual rates from the Nationwide Financial annual cost of care survey conducted by HVS, site accessed 5/09/2025
About Medicare and Long-Term Care
Medicare 
provides only very limited long-term care coverage. It may pay for up to 100 days of skilled nursing care after a qualifying three-day hospital stay. It does not cover custodial care, which is basic help with daily activities and represents more than 90 percent of long-term care needs. Learn more about Medicare and custodial care.
When To Buy Long-Term Care Insurance
When’s the best age to get long-term care insurance? The answer depends on your health, budget, and goals. The points below can help you understand the most common timing considerations.
- Fifties to early sixties: Many experts recommend this timeframe because premiums are lower and most people are still in good health. You may pay premiums for more years, but the overall cost can still be less than if you wait.
- Forties: Buying earlier can lock in even lower premiums and secure coverage while your health is strong. However, you may pay for a longer period before you need care.
- Late sixties: This can work for people who are healthy and have funds available, but premiums are much higher at these ages. Health issues also become more common, which may limit discounts or make it harder to qualify. If you become ill before applying, you may need to pay all long-term care costs yourself.
One of our licensed long-term care professionals can review your health profile and provide clear quote comparisons.
Find Out If You QualifyTypes of Long-Term Care Insurance in Florida
Florida residents have several long-term care insurance options to help manage the high cost of care. Understanding each type can make it easier to choose the coverage that fits your needs and your budget.
Traditional Long-Term Care Insurance
- What It Is: A standalone policy designed to cover comprehensive long-term care expenses, including care at home, in assisted living facilities, and in nursing homes. Traditional policies are fully portable and follow you wherever you receive care.
- Coverage Benefits: Offers the most coverage per dollar spent, with flexible daily or monthly benefit amounts and customizable benefit periods. Ideal for Florida residents who want broad, traditional long-term care protection.
- Premium Structure: Recurring payments (monthly, quarterly, or annually). Premiums may increase over time based on an insurance company’s overall claims experience.
- Health Requirements: Requires full medical underwriting with stricter health qualifications than hybrid options. Your health at the time of application has a strong impact on eligibility and pricing.
- Tax Advantages for Florida Residents: Premiums for tax-qualified long-term care policies may count as medical expenses for federal tax deductions (based on income limits). Benefits paid for long-term care are generally tax-free.
- Compare Florida Traditional LTC Plans >
Life Insurance with Long-Term Care Rider (Hybrid Life + LTC)
- What It Is: A permanent life insurance policy that includes a long-term care rider. This allows the policyholder to use the death benefit early for qualified long-term care expenses.
- Coverage Benefits: Typically provides 2 to 4 percent of the death benefit each month for long-term care. Includes guaranteed cash value growth, and any unused benefits pass to beneficiaries tax-free.
- Premium Structure: Guaranteed level premiums that never increase. Usually higher cost than traditional LTC insurance at the start, but offers long-term rate stability that appeals to many Florida residents.
- Health Requirements: Moderate medical underwriting with more flexible health guidelines than traditional LTC policies. Often easier to qualify for, especially for individuals with mild health issues.
- Tax Advantages for Florida Residents: Can be funded through a tax-free 1035 exchange from an existing life insurance policy or annuity. Can also be funded with qualified retirement accounts (IRAs, 401(k)s) using specific plan structures.
- Compare Florida Hybrid Life/LTC Plans >
Annuity with Long-Term Care Rider (LTC Annuity)
- What It Is: A fixed or indexed deferred annuity that includes long-term care benefits. These products are popular with Florida residents who want asset protection and a simplified approval process.
- Coverage Benefits: Often multiplies the annuity value by two or three times for long-term care. For example, a $100,000 annuity may provide $200,000 to $300,000 in LTC benefits. Any remaining value transfers to your estate at death.
- Premium Structure: Purchased with a single premium. No future payments are required, and rates do not increase.
- Health Requirements: Simplified underwriting with lenient health qualifications. Some applicants may qualify through a phone interview without medical exams or extensive records.
- Tax Advantages for Florida Residents: Supports tax-free 1035 exchanges from existing annuities. Long-term care benefits are typically received tax-free.
- Compare Florida LTC Annuity Plans >
Florida Long-Term Care Partnership Program
The Florida Long-Term Care Partnership Program 
is a joint initiative between the State of Florida and private insurance companies. Its purpose is to help residents protect their savings while planning for future long-term care needs.
Partnership-certified policies provide a key advantage called asset protection. For every dollar your insurance policy pays in benefits, you can keep an equal amount of your assets if you ever need to apply for Medicaid. These policies also follow state-approved standards for inflation protection and consumer safeguards.
Learn how the program works and see which companies offer Partnership-certified plans on our Florida Long-Term Care Partnership Guide.
Long-Term Care Insurance Companies in Florida
Florida residents have a number of long-term care insurance companies to choose from. As independent advisors, we review all available options in the Florida market to help you find the policy that best fits your needs and your budget.
Our analysis focuses on identifying plans with strong financial ratings, comprehensive benefits, and competitive premiums.
AARP member? Learn about AARP long-term care insurance options >
List of Florida LTC Insurance Providers
Below is a list of insurance companies offering long-term care insurance products in Florida.
- Bankers Life & Casualty
- Brighthouse Financial
- Global Atlantic
- LifeSecure Insurance Company
- Lincoln Financial Group (Lincoln MoneyGuard)
- Mutual of Omaha
- National Guardian Life (NGL)
- Nationwide Life Insurance Company
- New York Life
- Northwestern Mutual
- Securian Financial
- State Farm
- State Life Insurance Company (OneAmerica)
- Thrivent Financial
These companies offer a mix of traditional and asset-based (hybrid) long-term care insurance policies. Availability and pricing vary based on your age, health history, and the type of coverage you need.
Average Cost of LTC Insurance in Florida
How much does long-term care insurance cost in Florida? Most Florida residents pay about $2,000–$3,000 per year for a comprehensive long-term care policy. The cost of long-term care insurance in Florida can range from $1,500–$5,000 annually depending on age, health, and plan design.
Several factors influence your premium:
- Age at purchase: Buying at 55 vs 65 can save thousands over time
- Current health status: Better health means lower rates
- Daily or monthly benefit amount: Typically $100 to $300 per day
- Total coverage limit: Usually $100,000 to $500,000+
- Elimination period: 30, 60, or 90-day waiting period before benefits start
- Inflation protection: Protects against rising care costs
Why quotes vary: Pricing depends on underwriting and plan design. Insurers weigh these factors differently, so comparing multiple carriers helps you find the best value.
Florida Long-Term Care Insurance Quotes
Get quotes and expert guidance from our Florida-based long-term care insurance specialists. We help you compare options and find the policy that best fits your needs. We offer:
✔ Clear comparisons of multiple long-term care insurance plans and costs
✔ Personalized recommendations based on your goals and budget
✔ Help understanding health requirements and eligibility
Ready to compare quotes?
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ACACIA Insurance Reviews
What Our Clients Are Saying
FAQs about Long-Term Care Insurance in Florida
You may be denied long-term care insurance in Florida if you have certain serious medical conditions. These include Alzheimer’s disease, Parkinson’s disease, dementia, or other cognitive impairments. You may also be declined if you currently need help with daily activities such as bathing, dressing, or walking.
However, many applicants with other health issues can still qualify. Underwriting rules vary by company, so it is best to speak with a professional who understands the guidelines for several insurers.
Find Out If You Qualify >
Many people get their best combination of health eligibility and pricing when applying in their mid-50s to early-60s, but the right timing depends on health history, family longevity, assets, and whether you want inflation protection. Waiting can increase premiums and can also reduce approval odds if health changes. A multi-carrier comparison helps identify the best fit for your age and situation.
When to buy long-term care insurance (timing guide) >
Long-term care insurance rates in Florida depend on your age, health history, type of plan selected, and the insurance company. Here are sample premiums for a 60-year-old man with preferred health:
- Policy pays up to $144,000 for home health care, assisted living, or nursing home care.
- Monthly cost for this policy ranges from $93 to $158.
$93 per month: Level benefits with no inflation protection
$158 per month: Includes 3 percent annual inflation protection to help benefits keep up with rising care costs
Yes. Florida participates in the Long-Term Care Partnership Program, which allows qualifying policies to provide asset disregard protection if you later need to apply for Medicaid after using your policy benefits. Partnership policies must meet specific consumer protection requirements (including inflation protection rules based on age at purchase). For help choosing a Partnership-eligible design, compare multiple carriers and policy options.
See our Long-Term Care Partnership Guide >
It can be, depending on how you file taxes and whether you itemize. Long-term care insurance premiums may qualify as a medical expense (subject to IRS rules and age-based limits), and some business owners may be able to deduct premiums differently. Because tax treatment varies, it’s smart to coordinate with your CPA and compare policy designs that align with your budget.
Long-term care insurance tax deductions guide >
Here are some of the insurance companies offering long-term care insurance in Florida:
- Bankers Life & Casualty
- Brighthouse Financial
- Global Atlantic
- LifeSecure Insurance Company
- Lincoln Financial Group (Lincoln MoneyGuard)
- Mutual of Omaha
- National Guardian Life (NGL)
- Nationwide Life Insurance Company
- New York Life
- Northwestern Mutual
- Securian Financial
- State Farm
- State Life Insurance Company (OneAmerica)
- Thrivent Financial
The best long-term care insurance in Florida depends on your age, health, financial goals, and the type of plan that fits your situation. Here are a few points to consider:
- Age and health can limit which companies or policies you qualify for, so planning ahead is important.
- Some policies work better for older applicants, while others are designed for younger people in excellent health.
- Certain plans offer guaranteed level premiums, limited-pay schedules, or single-pay options.
Related Article: How to choose the best long-term care insurance >
Last updated: November 14, 2025
Written by: Craig Matesky, President, ACACIA Insurance
Reviewed by: Mike Berger, National Sales Manager
Sources:
1. “How Much Care Will You Need?” LongTermCare.gov, U.S. Department of Health and Human Services, Accessed 11/14/2025
2. “How Much Care Will You Need?” LongTermCare.gov
3. Nationwide Financial 2025 Cost of Care Survey conducted by HVS, Accessed 11/14/2025
4. “Who Will Provide Your Care?” LongTermCare.gov
5. Family Caregiver Alliance Caregiver.org, Accessed 11/14/2025
Note: Coverages and features vary between insurers, differ by state, and may not be available in all locations.