If you're considering long-term care, expect to pay more for nursing homes, assisted living communities and homemakers/companions, MetLife Mature Market Institute's annual 2012 survey reveals. Good news: the study of average national long-term care costs shows they've stayed the same for adult day services and home health aides.
Of course, rates and services vary by state and area; those differences are included in the survey. Take a look at national average costs:
- A private room in a nursing home is $248/day, $222 for a semiprivate versus $239 and $214 respectively last year. That is a 3.8% hike for a private, 3.7% for a semiprivate
- Assisted living increased to $3,550/month from last year's $3,477 or 2.1%
- A homemaker's hourly rate rose 5.3% to $20, a dollar more than in 2011.
- Adult day services stayed the same, or $70/day
- The $21/hour cost of home health aides was the same as in 2011
Now that we're crunching numbers, here are four more:
- In 2011, the median age of a nursing home resident was 82.6 years (16% were under age 65), with 66% made up of women, the U.S. Census Bureau reports.
- The average age of assisted living residents was 86.4 years.
- According to the National Adult Day Services Association, there are more than 5,000 U.S. adult day centers, with 260,000+ participants as well as their family caregivers. The average transportation cost for centers that charge is nearly $10 each way.
- 68% of home health care agencies surveyed give employees Alzheimer's training; 98% don't charge extra for those with the disease.
More detailed results from the latest MetLife study are available.
Are these costs what you expected? (My mother-in-law is in assisted living so I'm completely clued into the high price of care.)