For over 30 years, ACACIA Insurance has specialized in long-term care planning. We are independent advisors, representing numerous highly rated insurance companies and plan types.
We work with your best interests in mind, assessing policy features and benefits to provide you with the top choices for your consideration.
Request Quotes > 2025 LTC Rates in Oklahoma | |||
Region | Nursing Home (private room) | Assisted Living (private room) | Home Care (44 hours/week) |
Oklahoma State Average | $72,434 | $56,350 | $66,752 |
Enid | $75,384 | $56,955 | $63,023 |
Fort Smith Metro Area | $75,876 | $44,919 | $57,940 |
Lawton | $60,016 | $55,266 | $59,677 |
Oklahoma City | $79,538 | $53,905 | $64,012 |
Tulsa | $73,694 | $62,498 | $66,753 |
Medicare provides very limited long-term care coverage. Primarily up to 100 days of skilled nursing care following a 3-day hospital stay. It does not cover custodial care (help with daily activities) which represents over 90% of long-term care needs. Learn more about Medicare and custodial care.
Deciding when to buy long-term care insurance requires balancing the pros and cons of early versus delayed buying.
Purchasing in your 50s or early 60s locks in lower premiums, ensures eligibility before health declines, offers peace of mind, and may reduce total premiums paid over time. But, it could mean paying premiums for years without needing care.
Alternatively, waiting avoids paying premiums if care isn’t needed soon, but it risks higher premiums, health-related ineligibility, or paying care costs out of pocket. Key factors to weigh include your current health, financial situation, and comfort with risk.
One of our licensed long-term care professionals can provide quote comparisons with your specific situation and goals in mind.
Check Eligibility Now >The Oklahoma Long-Term Care Partnership Program is a collaboration between the State of Oklahoma and private insurance companies. It is designed to help Oklahomans pay for their long-term care needs while protecting their assets. This program offers a unique benefit that standard long-term care insurance policies don’t provide: Medicaid asset protection .
Unlike traditional long-term care insurance, Partnership-qualified (PDF) long-term care policies offer dollar-for-dollar asset protection if you eventually need to apply for Oklahoma Medicaid (SoonerCare). Here’s how this valuable benefit works:
Real-World Example: An Oklahoma resident purchases a Partnership-qualified policy with a $350,000 benefit pool. After using all these benefits for home care and nursing facility costs, they still need additional care. With a Partnership policy, they can apply for Oklahoma Medicaid while keeping $350,000 in savings, investments, or other assets that would otherwise need to be spent down to the typical $2,000 Medicaid eligibility limit.
To qualify as a Partnership policy in Oklahoma, your insurance must include inflation protection that varies by your age at purchase:
Note: Some inflation options like the Guaranteed Purchase Option (GPO) may not satisfy Partnership requirements for younger applicants.
When considering long-term care coverage in Oklahoma, you might compare::
The best choice depends on your specific situation, including your age, health status, retirement plans, and whether you intend to remain in Oklahoma long-term. Our Oklahoma long-term care specialists can provide personalized guidance based on your circumstances.
We represent several long-term care insurance providers in Oklahoma. These companies differ in coverage, financial stability, and premiums, requiring careful comparison.
As independent advisors, we assess all providers to find the best policy for your needs and budget, focusing on premiums, benefits and financial strength.
Your Oklahoma long-term care insurance rates will depend on your age, health history, plan design and type of coverage selected. The following choices let you choose how much protection is right for your situation:
Our Long-Term Care Specialists in Oklahoma City offer objective guidance on a wide range of LTC insurance products and strategies. Expect personalized service on topics such as:
✔ Choosing from a variety of long-term care insurance products
✔ Suggestions for the company best suited to your situation and goals
✔ Assistance with health qualifying for coverage
Long-term care insurance in Oklahoma typically covers a wide range of care services when you can’t independently perform at least two activities of daily living (bathing, dressing, eating, transferring, toileting, continence) or have cognitive impairment. Most policies cover multiple care settings including:
Many Oklahoma LTC insurance policies also cover care coordination services, home modifications (grab bars, wheelchair ramps), medical equipment, and caregiver training.
Review policy details carefully, as certain services like non-licensed companion care, assisted living facilities without proper licensing, or care provided by family members may have limited or no coverage under some Oklahoma policies. About LTC Insurance >
Long-term care insurance costs in Oklahoma typically range from $1,500 to $5,500 annually, depending on several key factors. Your age when purchasing is the most significant factor. Premiums can be 2-3 times higher when buying at age 65 versus age 55.
Health status greatly impacts eligibility and rates, with some medical conditions potentially disqualifying applicants or resulting in higher premiums. Coverage options also affect cost: higher daily benefits, longer benefit periods, shorter elimination periods, and inflation protection all increase premiums.
Oklahoma Partnership policies may cost slightly more than traditional policies due to mandatory inflation protection requirements but provide valuable Medicaid asset protection. Couples often qualify for discounts of 10-30% when both purchase policies.
Rather than relying on general estimates, the best approach is to get personalized quotes from long-term care specialist who represents multiple top rated companies and plans.
Several factors may disqualify you from purchasing long-term care insurance in Oklahoma, though standards vary significantly between insurance companies. Medical disqualifiers typically include diagnosed neurological conditions (Alzheimer’s, Parkinson’s, multiple sclerosis), recent cancer treatments, stroke within the past 1-2 years, and current need for assistance with activities of daily living (bathing, dressing, transferring). Age can also be a barrier, with many Oklahoma insurers setting maximum application ages between 75-85.
If traditional policies aren’t available to you, there are alternatives with simplified health criteria. These include: short-term care insurance, life insurance with long-term care riders, and long-term care annuities. Working with a long-term care insurance professional who represents multiple companies can significantly improve your chances of finding appropriate coverage. Find Out If You Qualify >
Oklahoma residents can access both federal and state tax benefits for qualified long-term care insurance policies. On the federal level, premiums may be deductible as medical expenses if you itemize deductions and your total medical expenses exceed 7.5% of your adjusted gross income. The deductible amount is age-based, with higher limits for older taxpayers ($480-$6,050 annually in 2025, depending on age).
Additionally, Oklahoma offers a state income tax credit of up to $200 per policy ($400 for joint filers with two policies) for qualified long-term care insurance premiums, providing a direct reduction in state tax liability. Benefits paid from tax-qualified policies are generally received tax-free as well.
These tax advantages vary significantly based on your personal financial situation. Higher-income Oklahomans in top tax brackets typically receive greater federal deduction value, while the state credit provides proportionally more benefit to moderate-income residents. Self-employed individuals and business owners may qualify for additional deduction opportunities.
For optimal tax planning, consult with an Oklahoma tax professional who can evaluate your specific circumstances, as tax laws regularly change and benefits depend on your complete financial picture. LTC Insurance Tax Deductions >
Oklahoma Medicaid (SoonerCare) covers long-term care services for eligible low-income residents, but with strict financial requirements. To qualify in 2025, individual applicants generally must have less than $2,000 in countable assets, though certain assets like your primary home (with equity up to $688,000), personal belongings, and one vehicle are exempt.
Monthly income limits are approximately $2,829 for individuals. For married couples with one spouse needing care, the healthy spouse can retain more assets (up to $148,620) and additional monthly income. Oklahoma uses a five-year “look-back” period to review asset transfers, potentially imposing penalties for gifts or below-market-value transfers. While SoonerCare covers nursing home care, home and community-based services are available through waiver programs with limited enrollment.
Partnership long-term care insurance offers a middle-ground approach, allowing Oklahomans to protect more assets if they eventually need Medicaid assistance after exhausting their insurance benefits. See SoonerCare Eligibility >
About the Author: Craig Matesky
Reviewed by: Mike Berger