The cheapest policies today may be the most expensive later. A big break in premium today may be followed by sharp increases later. Lack of consistency in long-term facility definitions. Precise definitions of facility types can vary from policy to policy or from state to state. Make sure your policy's definitions fit the facilities in your area.
Many companies offer a spousal discount when the policies purchased are identical.
However, identical policies for men and women make little sense because of health and life-expectancy differences. Alternate care plans supposedly allow you to choose the care and setting appropriate to your needs at the time you need care. Make sure the policy language is clear and specific about this benefit. Weiss Ratings Inc publishes customized reports listing long-term care policies based on an individual consumer's circumstances and state of residence. See related articles in the AgeVenture archives.