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 Living 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.
