Silver Book Fact

The annual rate for a private nursing home room in 2010 was $75,190, compared to $60,225 in 2005 (a growth of $14,965).

Genworth Financial. Genworth Finanical 2010 Cost of Care Survey: Home Care Providers, Adult Day Health Care Facilities, Assisted Living Facilities and Nursing Homes; April 2010

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Percent of Persons with Limitations in Activities of Daily Living by Age Group: 2005  
  • From 2004-2005, 25% of 65-74 year olds and 60% of adults aged 85 and older reported a limitation of activity due to chronic conditions.  
  • In 2004 and 2005, hospital spending continued to grow quickly by 7.9% each year and accounted for the largest share of the overall spending increase in both years.  
  • Trends in Chronic Disability Among Persons Age 65 or Older, 1984-1999  
  • In 2009, half of the adult population in the U.S.—133 million—was living with at least one chronic disease.