New York long-term care insurance: cost & coverage

Who regulates long-term care insurance in New York

Long-term care insurance policies sold in New York are regulated by the New York State Department of Financial Services. If you have a complaint about an agent, carrier, or policy, you can file it with the regulator directly.

What long-term care costs in New York

Median assisted living cost in New York vs. the national median:

Source: SeniorLiving.org median assisted living costs, 2026. See costs for all 50 states for the full table.

New York's LTC Partnership program

New York has an active LTC Partnership program. New York State Partnership for Long-Term Care (NYSPLTC) is one of the four original 1992 pioneer Partnership programs; as of Jan. 1, 2021 no insurers are selling new Partnership-qualified policies, but existing Partnership policyholders retain full asset-protection benefits.

A Partnership-qualified policy lets you keep an extra dollar of assets, protected from Medicaid spend-down, for every dollar your policy pays out in benefits — see the note above for this state's current status. Learn more about how Partnership programs work.

How to compare quotes in New York

• Confirm any agent or carrier you talk to is currently licensed to sell in New York — the New York State Department of Financial Services can confirm licensing status.
• Ask which products a carrier is actively writing in New York today — availability changes state by state and year to year. See carriers we compare.
• If a Partnership-qualified policy matters to you, confirm with the carrier or agent whether a policy is currently certified as Partnership-qualified in New York — see this state's Partnership status above.
• Compare traditional and hybrid options side by side — see traditional vs. hybrid coverage.
• Get quotes from more than one carrier; pricing for the same coverage can vary significantly.

Please note: Regulator names, complaint channels, and Partnership-program status can change. Confirm current details with the New York State Department of Financial Services or a licensed agent before making any decision. LongTermCareInsurance411 is not a government agency and does not administer New York's insurance regulations or Medicaid program.

Last updated: July 30, 2026