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

  • In 2004, Americans with no chronic conditions incurred about $4,700 on average in health care costs. Those with 5 or more chronic conditions incurred $20,300.  
  • The national median rate for non-medicare certified, licensed home health aide services (non-medical “hands-on” care such as activities such as bathing, dressing and transferring) in 2010 was $19/hour.  
  • Almost 37% of older persons reported a severe disability in 2006 and 16% reported that they needed some type of assistance as a result.  
  • 1/3 of older people without a spouse or child received no care in 1999, compared to 1/4 of older people with a spouse and a child (or children).  
  • In 2007, the number of home health care visits was 3,409 per 1,000 Medicare enrollees.