12 Best Long-Term Care Insurance Plans Compared for 2026

4. Mutual of Omaha and Transamerica - Value-Focused Options

Mutual of Omaha and Transamerica have positioned themselves as providers of value-focused long-term care insurance solutions, targeting middle-market consumers who need comprehensive coverage at competitive premium levels. Mutual of Omaha's long-term care insurance program emphasizes straightforward policy structures with clear benefit triggers and comprehensive coverage options that include home care, adult day care, assisted living, and nursing home services. Their 2026 policies feature daily benefit amounts ranging from $50 to $300, with benefit periods from two years to lifetime coverage, and elimination periods from zero to 365 days, providing flexibility to match coverage with individual budgets and risk tolerance. The company's strength lies in its simplified underwriting process and competitive pricing for healthy applicants, making it an attractive option for individuals seeking quality coverage without complex policy features. Transamerica's approach focuses on innovative benefit designs that maximize coverage value, including their Care Solutions program which offers both traditional and hybrid options. Their standalone long-term care policies feature comprehensive inflation protection, flexible benefit periods, and unique features like restoration of benefits after periods of non-use. Transamerica's 2026 enhancements include expanded telehealth coverage, enhanced care coordination services, and improved international coverage provisions. Both companies have maintained stable premium pricing relative to industry trends and offer robust customer service platforms that help policyholders understand their benefits and navigate the claims process. Their value proposition centers on providing essential long-term care protection at accessible price points while maintaining the financial strength necessary to honor long-term commitments to policyholders.