The average premium for long term care insurance varies depending on various factors such as age, gender, location, and the type of coverage chosen. According to the American Association for Long-Term Care Insurance, the national median annual premium for a 60-year-old male was $2,200 in 2021. For a 60-year-old female, the national median annual premium was $2,850. These figures are subject to change as insurance companies adjust their rates. It's essential to research and compare quotes from multiple providers to find the best coverage for your needs and budget.