In December 2012, the Long Term Care Group, Inc. conducted customized Cost of Care research on behalf of Northwestern Long Term Care Insurance Company of nearly 2,000 home healthcare providers, assisted living facilities and nursing homes in specific regions of the United States.
This research is important in the understanding of accessibility and affordability of different types of care services by geographic location. The findings help consumers make informed decisions about their long-term care options and costs, which may allow them to stay in their homes or within their local communities in the event of functional limitation or cognitive impairment.
Visit the Cost of Care Calculator to learn more about costs in your area.
Home Health Care
Home health care is a $57.6 billion a year industry in the United States, with approximately 7.6 million individuals receiving care because of acute illness, long-term health conditions, permanent disability or terminal illness, according to the National Association for Home Care and Hospice. Home healthcare organizations include home healthcare agencies, home care aide organizations and hospices.
For the Cost of Long Term Care Study, over 2,000 home care organizations were surveyed in December 2012. Key findings include:
- The national average hourly rate for Home Health Aides (HHAs) for all regions in this study is $19.20 per hour.
- The region with the highest hourly rate for certified Home Health Aides (HHAs) is the region outside of the Minneapolis/St. Paul metropolitan area in Minnesota and costs $35.42 per hour.
- The region with the lowest average hourly rate for Home Health Aides (HHAs) is Mobile, Ala. and costs $13.67 per hour.
Assisted Living Facilities
Approximately one million Americans make their home in one of approximately 30,000 assisted living facilities in the U.S. today, and this number is projected to grow. The U.S. Census Bureau reports that twenty-six states are projected to double their 65-and-older population between 2000 and 2030. By 2050 there will be an estimated eighty-six million people in the U.S. who are 65 years or older, fueling the demand for assisted living facilities.
Assisted living provides coordinated, personalized 24-hour assistance and support (both scheduled and unscheduled) in a congregate residential setting. The choices, privacy, independence and rights of the persons served are proactively protected and promoted as an essential part of assisted living's core values and mission.
For the Cost of Long Term Care Study, more than 2,000 assisted living facilities were surveyed in December 2012. Key findings include:
- The U.S. state annual average cost for residing in a private room in an Assisted Living Facility is $38,011. Overall costs may be higher in urban settings or if a resident has a high level of chronicity which requires additional services.
- The national average monthly rate for a single occupancy, private unit in an Assisted Living facility is $3,168 in the regions surveyed.
- The region with the most expensive average monthly rate for a private, single occupancy unit in an Assisted Living facility is Bridgeport/Stamford/Norwalk, Conn. and costs $6,630 per month.
- The region with the lowest average monthly rate for a private, single occupancy unit in an Assisted Living Facility is El Paso, Texas and costs $1,638 per month.
The nursing home industry is comprised of establishments primarily engaged in providing inpatient nursing and rehabilitative services. The care is generally provided for an extended period of time to individuals requiring skilled nursing care.
For the Cost of Long Term Care Study, over 2,000 nursing homes were surveyed in December 2012. Key findings include:
- The national average annual cost of a private room in a nursing home based on the regions in the study is $91,305 per year.
- The national average daily rate for a private room in a nursing home is $250 in the markets surveyed.
- The region with the most expensive daily rate for a private room in a nursing home is Anchorage, Alaska and costs $927 per day.
- The region with the least expensive daily average rate for a private room in a nursing home is the region outside of the Minneapolis/St. Paul metropolitan area in Minnesota and costs $130 per day.