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

  • Treated Prevalence of the Top-Ten Health Conditions Among Medicare Beneficiaries, 1987, 1997, and 2006  
  • Among Americans aged 65 and older, heart disease and cancer are the top two leading causes of death.  
  • 11% of caregiving spouses were age 85 or older, up from 8.6% in 1994.  
  • Lost workdays and lower employee productivity because of hypertension cost $279.5 billion– the highest amount among chronic diseases.  
  • Over 2/5 of Americans age 65 and older who had health care expenses paid at least $1,000 out-of-pocket in 2003.