As of 2018, the median annual cost for a private room in a nursing home is $100,375. This is a 3.0% increase over 2017 figures. The median annual cost for semi-private rooms rose 4.1% to $89,297 annually, while the median annual cost for assisted living facilities overall rose almost 6.7% to $48,000 annually. In comparison, the U.S. inflation rate increased 2.1%. These findings were reported in the "Genworth Cost of Care Survey 2018." During May and June of 2018, surveyors from Genworth subsidiary CareScout randomly contacted more than 49,000 providers . . .
News Report |