Long-term Care

What is it?

Long term care insurance provides you with the support and financial resources to cover out-of-pocket expenses for home care or in a facility, when you can no longer care for yourself.

Long term care facility

Accommodation in long-term care facilities typically range from:

  • $750 to over $6,700 per month depending on the level of government funding available, the room type and quality.
¹ Described as semi-private and private.  Source: LifestageCare™ (lifestagecare.ca)
Jurisdiction Private One Bedroom Suite
$ per month
Alberta 953.00 – 4,285.00 2,658.00 – 4,440.00
B.C. 995.00 – 3,500.00 1,595.00 – 5,400.00
Manitoba 1,359.00 – 2,475.00 1,690.00 – 3,300.00
New Brunswick 800.00 – 2,533.00 1,943.00 – 3,500.00
Newfoundland¹ 1,500.00 – 1,800.00 1,065.00 – 4,200.00
Nova Scotia 1,705.00 – 3,100.00 1,900.00 – 3,490.00
Ontario 1,236.00 – 6,000.00 1,849.00 – 8,000.00
P.E.I 1,825.00 – 2,880.00 1,950.00 – 3,750.00
Quebec 850.00 – 6,700.00 750.00 – 2,500.00
Saskatchewan 1,380.00 – 3,700.00 1,200.00 – 4,300.00

If you're ready to consider purchasing, our consultants will provide you with the advice to find the right type of coverage.

Home Care

Private home care service costs can range from:

$12 to $90 an hour for homemaking, personal care or nursing care.

What are the average costs of private home care in your province?

Source: LifestageCare™ (lifestagecare.ca)
Jurisdiction In home meal preparation Personal Care (bathing/dressing) Skilled nursing
$ per hour
Alberta 19.90 – 30.00 19.90 – 32.00 27.00 – 80.00
B.C. 16.50 – 36.95 15.00 – 36.95 35.00 – 75.00
Manitoba 16.50 – 25.00 19.00 – 25.00 40.00 – 75.00
New Brunswick 15.25 – 20.00 15.25 – 20.00 36.00 – 71.25
Newfoundland 15.00 – 20.00 15.00 – 20.00 33.00 – 70.00
Nova Scotia 10.00 – 23.50 14.00 – 23.75 25.00 – 80.00
Ontario 13.00 – 30.00 13.00 – 30.00 22.85 – 70.00
P.E.I. 17.25 – 17.65 18.50 – 20.25 25.00 – 47.00
Quebec 3.00 – 25.25 12.50 – 25.25 15.00 – 85.00
Saskatchewan 18.00 – 28.00 22.00 – 27.00 (not available)

It’s easy to see how the costs of care can add up quickly. Based on the cost of home care services in your province.

placement in a private care facility at $5000 per month, or home care five days a week for four hours a day at $35 per hour, then this would add up to at least $35,000 to $65,000 a year, depending on the type of care required.

Home care provided by a family member

A third option would be to have a family member care for you at home. However, an important question to consider is whether they would have the financial means to look after you full time?

It’s difficult to calculate the cost of having a family member caring for you at home. Your family member(s) may have to give up full time employment resulting in a devastating loss of income. Unfortunately, the tax breaks only given to the care giver is only a small percentage of the total cost of care.

Call us today for a free needs analysis