Monday, November 2, 2009

Long-term care costs rise 3.3 percent in 2009 | Healthcare Finance News

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Despite the economy and subsequent fall in market prices, the cost of long-term care has gone up, according to the 2009 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services and Home Care Costs.

Findings of the study include:

  • For nursing homes, the highest cost for a private room was reported in Alaska ($584/day) while the lowest was in Louisiana ($132/day).
  • Assisted living costs were highest in Wilmington, Del. ($5,219/month) and lowest in North Dakota ($2,041/month).
  • The highest home healthcare aide rate was $30 per hour in the Rochester, Minn. area, while the lowest was reported in the Shreveport, La. area at $13 per hour.
  • Adult day services were highest in Vermont at $150 per day and lowest in Montgomery, Ala. at $27 per day.

Long-term care costs rise 3.3 percent in 2009 | Healthcare Finance News

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