What discounts are available on long-term care insurance?

Three discounts do most of the work:

• Spousal / couples discount — about 15% to 30% when both partners apply, and sometimes available even if only one is approved. This is usually the largest.
• Preferred-health discount — good health at application earns a lower rate class.
• Group or association discount — coverage offered through an employer or association can come at a reduced rate, sometimes with easier underwriting.

You can often combine these, and sensible policy design — a reasonable benefit period and elimination period — lowers the premium further.

General information only. This is educational and not insurance, legal, tax, or financial advice. Rules and products vary and change — confirm the specifics with a licensed professional.