Long Term Care

Cost of Long-Term Care

For many years, Genworth has produced a Cost of Care Survey tracking the cost of long-term care in America. According to the survey, the projected national monthly median costs will be as follows:

  • Homemaker Services: $5,417
  • Home Health Aide: $5,625
  • Adult Day Health Care: $1,847
  • Assisted LivingĀ  Facility: $4,917
  • Nursing Home Semi-Private Room: $8,641
  • Nursing Home Private Room: $9,872

One way to pay that is often overlooked is with Long-Term Care Insurance. If you have questions regarding long-term care insurance, you should contact your insurance agent and ask about traditional and hybrid products.

Published by
David McGuffey

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