Monday, May 3, 2010

Cost of Americans' Preferred Setting for Long Term Care is Rising Far Less than Other Options

[mEDITate-OR:
not like your "options"..., all that much...

Even after the Medical debate and law changes...

the MOST expensive part of medical care for U.S. is "Senior" care...
Medicare, Medicaid, and now drugs...

the most expensive part of Senior care...
are/is "end of life costs"...
from home health care that is not generally available...
to nursing home care that is, and very expensive...
to the costs of [y]our "LAST" hospital visit.

What this is telling U.S. is that with all the unemployment...
all the stock market losses...
all the home equity losses...
the COST of medical care STILL increased faster than inflation.

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Report: Home health care costlier in AZ than nationally

The report also listed other comparisons:

Median annual rate for one-bedroom assisted living facility is $36,600 in Arizona and the Phoenix area, compared with $38,220 nationally.

Median annual rate for a private room at a nursing home is $79,840 in Arizona, $88,794 in Phoenix and $75,190 nationally.

Median for adult day care services is $20,150 statewide, $21,840 in Phoenix and $15,600 nationally.

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Genworth's 7th Annual Cost of Care Survey
Finds that the Cost of Americans' Preferred Setting for Long Term Care is Rising Far Less than Other Options
Costs rise slower for in-home care than nursing homes or assisted living
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Long-term care costs rising faster than inflation rate

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Arizona - State Median: Annual Care Costs in 2010

Nursing Home Care

Private room$79,840
Semi-private room$63,875

Assisted Living Facility

Private, one bedroom$36,600

Adult Day Heath Care

Adult day health care$20,150

Home Care

Home health aide$45,760
Homemaker services$43,472

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Washington - State Median: Annual Care Costs in 2010

Nursing Home Care

Private room$86,461
Semi-private room$79,358

Assisted Living Facility

Private, one bedroom$47,850

Adult Day Heath Care

Adult day health care$15,600

Home Care

Home health aide$49,695
Homemaker services$45,760

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California - State Median: Annual Care Costs in 2010

Nursing Home Care

Private room$87,345
Semi-private room$73,000

Assisted Living Facility

Private, one bedroom$42,000

Adult Day Heath Care

Adult day health care$20,020

Home Care

Home health aide$46,904
Homemaker services$45,646

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