Silver Book Fact

The national median rate for assisted living facilities in 2011 was $3,261/month.

Genworth Financial. Genworth 2011 Cost of Care Survey: Home care providers, adulty day health care facilities, assisted living facilities and nursing homes. Genworth Financial; April 2011. http://www.genworth.com/content/etc/medialib/genworth_v2/pdf/ltc_cost_of_care.Par.14625.File.dat/2010_Cost_of_Care_Survey_Full_Report.pdf

Reference

Title
Genworth 2011 Cost of Care Survey: Home care providers, adulty day health care facilities, assisted living facilities and nursing homes
Publisher
Genworth Financial
Publication Date
April 2011
Authors
Genworth Financial
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 1999, nearly 40% of caregiving children were assisting parents who were age 85 or older, compared to about 34% in 1994. Nearly 13% of caregiving children were age 65…  
  • Absent policy change, the Congressional Budget Office estimates that Medicare spending will grow at an average of 7% each year from 2010 to 2018, rising to $879 billion annually and…  
  • Impact of family caregiving on individual health
    Family caregivers commonly experience poor health and are at increased risk for heart disease, poor immune function, fatigue, depression, and more.  
  • Total spending on health care is projected to reach $4.1 trillion by 2016.  
  • Two-thirds of people over the age of 65 will need long-term care in their lifetimes.