Silver Book Fact

The national median rate for a private nursing home room was $206/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

  • Individuals with Chronic Illnesses and Activity Limitations Have More Home Health Care Visits  
  • Hospital spending by Medicare increased 7.7% in 2008–from 4.7% in 2007.  
  • The national average annual cost for a private room (single occupant) in a Medicare certificed nursing home increased $1,490 from 2005 rates.  
  • Providing health care for an older American costs 3 to 5 times more than for an individual under age 65. As the population ages, the nation’s health care spending is…  
  • At least 80% of older Americans live with at least 1 chronic condition. 50% live with at least 2 chronic conditions.