Silver Book Fact

The national average annual cost for a private room (single occupant) in a Medicare certified nursing home is $70,912 ($194.28/day). This is a 2.2% increase from 2005 rates.

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

  • “The United States spends more on health per capita than any other country, and health spending continues to increase rapidy. Much of this spending is for care that controls or…  
  • CBO’s 75-Year Projections for Total National Health Spending  
  • In 2004, the leading causes of death among Americans aged 65 and older were: – Heart disease (1,418 deaths per 100,000 people) – Cancer (1,052 per 100,000) – Stroke (346 per 100,000) – Chronic…  
  • Most older Americans have at least 1 chronic condition and many have multiple conditions. Among the most frequently occurring conditions older persons in 2005-2007 were: hypertension (41%), diagnosed arthritis (49%),…  
  • Average Out-of-Pocket Spending on Health Care by Medicare Beneficiaries, by Income as a Percent of Federal Poverty Level, 2003