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Long-term care costs have risen an average of 4.5% between 2016 and 2017. This is three times the 1.7 percent rate of inflation in the United States. Long-term care costs include home health aide services, homemaker services, adult day health care services, assisted living facilities, semi-private room nursing home care, and private room nursing home care. These findings were reported in the “Genworth 2017 Cost of Care Survey” released by Genworth Financial in September 2017. The survey was conducted by CareScout in June 2017. CareScout contacted more than 47,000 providers, conducting surveys on nursing . . .
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