Not really. While not necessary yet for the millennials or the Gen Xers, very few of the late or even early boomers have a long-term care insurance policy. Just 16 percent of the early boomers and only 10 percent of the late boomers have one, but Financial Finesse reports that the 2012 MetLife Market Survey of Long-Term Care Costs says the average cost of a private room in a nursing home is $90,520 per year.