Silver Book Fact

The national average annual cost for a private one-bedroom unit in an assisted living facility is $32,294.40 ($88.48/day). This is a 6.7% increase over 2005 rates. Note–these rates exclude one-time community or entrance fees.

Genworth Financial. Genworth Finanical 2006 Cost of Care Survey: Nursing homes, assisted living facilities and home care providers; March 2006

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • By 2020, 81 million people will have 2 or more chronic conditions.  
  • Hospital spending by Medicare increased 7.7% in 2008–from 4.7% in 2007.  
  • Percentage of the Population With Chronic Diseases, 1995-2030  
  • “The United States spends more on health per capita than any other country, and health spending continues to increase rapidy. Much of this spending is for care that controls or…  
  • Growth of chronic conditions in older adults
    The percentage of adults age 65 and older with multiple chronic conditions grew from 37.2% in 1999-2000, to 45.3% in 2009-2010.