Thursday, September 5, 2013

Assisted Living Median Costs Are Up 4.55%

For 10 consecutive years Genworth Financial has surveyed long-term care service providers in 437 regions across the country.  Looking back at the past five years of survey results, the company discovered some emerging trends across the long-term care services.  Overall, the cost of care among facility-based providers has steadily increased.  However, assisted living and adult day health care have registered the highest increases. Assisted living costs have risen the most – 4.26 percent since 2008.

The average annual price for assisted living was $41,400 which is half the cost of care in a nursing facility, $83,950.  The three most expensive states for assisted living were Alaska ($72,000), New Jersey ($71,928), and Delaware ($66,396).  The three least costly states were Georgia ($32,430), Alabama ($31,200), and Missouri ($27,450).  Annual assisted living costs in most southeastern states were significantly less than the national average.

With all of these rising costs it is important to be proactive about your health and living conditions.  EasyUndies Medical Garments are one of those proactive products. EasyUndies can help reduce the risk of falling.  Being independent as you age or if you have any kind of mobility or dexterity issues is important.

Make it safe, make it easy, make it an EasyUndies day.

Take care,

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