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 health share of the GDP is projected to increase from 17.6% to 19.8% between 2009 and 2020.  
  • U.S. health care spending increased 6.9% in 2005 to almost $2.0 trillion, or $6,697 a person.  
  • In 2004, nursing home and home health care cost the nation $158.4 billion.  
  • The indirect impacts of 7 major chronic diseases will total $3.4 trillion in 2023– which is 4 times the cost of treatment.  
  • The national median rate of adult day health care in 2011 was $60/day.