Survey results from a new study conclude that long term care costs in several categories have risen faster than inflation over the past year. At the same time, long term care insurance options are getting more complicated and expensive.
The 2012 long term care study provides the local cost for home healthcare, assisted living, and nursing homes. Key findings include:
- National average daily rates for a private room in a nursing home costs $248 while a semi-private room costs $222 (up 3.8%)
- National average monthly rate for assisted living costs $3,550
- National average rate for adult daycare services costs $70
- National average rate for home health aids remains $21/hr while homemaker hourly rates increased 5.3% to $20/hr
Go here to download a copy of the learn long term care costs where you live. (PDF)
Go here to download a copy of the long term care survey results. (PDF)
READ MORE: MetLife Mature Market Long Term Care Survey
