Long term care insurance premiums can vary depending on several factors. The cost of premiums is influenced by factors such as the age of the insured, the amount of coverage desired, the length of the benefit period, the elimination period, and the inflation protection chosen. Generally, the younger you are when you purchase long term care insurance, the lower your premiums will be. According to the American Association for Long-Term Care Insurance, the average annual premium for a 55-year-old individual in good health is around $2,050. However, it's important to note that premiums can vary significantly based on individual circumstances and insurance providers. It's recommended to obtain quotes from multiple insurance companies and compare coverage options to find the best policy for your needs.