Cost of Nursing Home Care Increased 3.3% This Year
Published: October 28th, 2009 • One Comment
The cost of nursing home care is steadily increasing, with private rooms averaging about $80,000 a year, according to a recent marketing survey by MetLife. The new rates represent an increase of about 3.3% over last year’s average nursing home cost.
The most expensive facilities were nursing homes in Alaska, where private rooms average about $584 per day. The cheapest were Louisiana nursing homes, with daily private room costs coming in at about $132. However, you may get what you pay for. A recent U.S. Newsweek report listed Alaska as the state with the best quality nursing home care, based on health inspections and safety reports. Nursing homes in Louisiana ranked among the worst.
MetLife officials cautioned consumers to shop around for both quality and reasonable prices.
Other elderly care costs rose as well, with assisted living costs increasing 3.3% and the cost of home health care skyrocketing 5%.
Source: McKnight’s Long-term Care and Assisted Living — Costs of nursing, assisted living care increase 3.3%
Pingback by Nursing Home Costs Spike in 2010: Survey | About Nursing Home Neglect on 28 October 2010:
[...] The rate hike was 4.6% for nursing homes and 5.2% for assisted living facilities. That means that on average, private nursing home rooms now cost $229 per day on average, or $83,585 per year. Assisted living quarters now cost an average of $3,293 per month, or $39,516 a year. The rate spike is significantly higher than the 3.3% increase between 2008 and 2009. [...]