Is Long Term Care Insurance A Good Deal? 
If you have assets you want to protect then you should consider Long Term Care Insurance . You have a one in four chance of needing some type of long term care in your lifetime . The average Nursing Home cost is between $ 6000 and $ 8000 per month , Assisted Living is around $ 4000 to $ 5000 per month . Home Health Care is around $ 15 to $ 20 per hour . It will not take long to go through any assets at these rates . Then the option will be Medicaid . If you want to protect your assets then Long Term Care is an excellent way to do so and will be far less expensive in the long run . 