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Home Care Costs Rise Sharply in Annual Long-Term Care Cost Survey

Posted by Nina Whitehurst | Nov 01, 2019 | 0 Comments

When it comes to long-term care costs, the charges for home care are now rising faster than those for nursing home care, according to Genworth's 2019 Cost of Care survey. In the past year, the median annual cost for home health aides rose 4.55 percent to $52,624, while the median cost of a private nursing home room rose only 1.82 percent to $102,200.

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