Unlike health insurance, where it is is difficult easily find the "retail" rate for care costs (such as a knee replacment), there is a lot of data on LTC costs. One of the best surveys on LTC costs is from the MetLife Mature Market Institute, and here is a link .
Here are the key findings:
The national average daily rate for a private room in a nursing home rose 4.4% from $229 in 2010 to $239 in 2011.
The national average monthly base rate in an assisted living community rose 5.6% from $3,293 in 2010 to $3,477 in 2011.
The national average daily rate for adult day services rose 4.5% from $67 in 2010 to $70 in 2011.
The national average hourly rates for home health aides ($21) and homemakers ($19) were unchanged from 2010.
The survey leaves some interesting questions. Why are ALF facility prices going up? Is it because facilities are going upscale? Why are home health care costs flat? Give your comments below...
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