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

  • Women Are More Likely Than Men to Have a Chronic Condition Primarily Because They Live Longer  
  • In 2005, health costs incurred on average by older consumers consisted of $2,617 (60%) for insurance, $887 (20%) for drugs, $663 (15.3%) for medical services, and $164 (4%) for medical…  
  • The health share of the GDP is expected to increase to 16.3% in 2007.  
  • It is projected that by 2020 the U.S. will spend $685 billion a year in direct medical costs for persons with chronic diseases, and by 2050–$906 billion.  
  • American adults age 65 and older use 1/3 of all prescription medications.