Silver Book Fact

The national median rate for a private nursing home room in 2011 was $213/day.

Genworth Financial. Genworth 2011 Cost of Care Survey: Home care providers, adulty day health care facilities, assisted living facilities and nursing homes. Genworth Financial; April 2011. http://www.genworth.com/content/etc/medialib/genworth_v2/pdf/ltc_cost_of_care.Par.14625.File.dat/2010_Cost_of_Care_Survey_Full_Report.pdf

Reference

Title
Genworth 2011 Cost of Care Survey: Home care providers, adulty day health care facilities, assisted living facilities and nursing homes
Publisher
Genworth Financial
Publication Date
April 2011
Authors
Genworth Financial
URL
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Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Total U.S. health expenditures reached $2.1 trillion in 2006, which translates to $7,026 per person or 16% of the nation’s GDP.  
  • “Medicaid spending growth increased slightly in 2005 to 3.9%, while Medicare nursing home expenditures grew 12.0% following growth of 16.2% in 2004.”  
  • The percentage of recommended care received by Medicare beneficiaries was 3.2% higher than those who did not have health insurance.  
  • U.S. health care spending is expected to grow 6.7% in 2007, and remain near the same rate through 2017.  
  • Older persons with a spouse and a child, and older persons living with others were most likely to rely entirely on informal care (about 62% for both groups).