The cost of long term care insurance can vary significantly depending on factors such as age, health, and the specific coverage chosen. Generally, the younger and healthier you are when you purchase the policy, the lower the premium will be. The cost of long term care insurance can range from a few hundred dollars per year for basic coverage to several thousand dollars per year for comprehensive coverage. It's important to shop around and compare quotes from multiple insurance providers to find the best policy for your needs and budget.