Silver Book Fact

The national median rate for a semi-private nursing home room in 2010 was $185/day.

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

  • Nursing home spending increased 4.8% in 2007 to reach $131.3 billion.  
  • In 2003, national health expenditures were 15.3% of the GDP, compared to 5.1% in 1960.  
  • Between 2008 and 2018, average annual growth in health spending is projected to be 6.2%. This is 2.1% higher than the annual GDP growth.  
  • The health share of the GDP is projected to rise from 16.2% in 2007 to 17.6% in 2009. It is then projected to climb to 20.3% by 2018.  
  • Out-of-pocket spending grew 5.3% in 2007, compared to 3.3% in 2006. This acceleration was mostly due to increased payments for prescription drugs, nursing home services, and nondurable medical supplies.