Thursday, February 19, 2009

Location, Location, Location: Cost of Long-Term Care Services Vary Widely by Region

From PRNewswire:

Some Americans are spending nearly seven times more for certain long-term care services than others, according to research commissioned by financial security company Northwestern Mutual.

The survey of nearly 7,000 home health care providers, assisted living facilities and nursing homes revealed stark differences in cost for long-term care services based on geographic location. The most significant difference between locations was the hourly wage of Home Health Aides (HHAs), causing consumers in the most expensive markets to spend nearly seven times more than those in the least expensive markets...

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