Long Term Care Statistics for 2011
John Hancock Financial (John Hancock) recently announced the results of its 2011 cost of care study, which found that long-term care (LTC) costs have continued to increase. The study surveyed more than 11,000 providers, including nursing homes, assisted living facilities, and home health care agencies, in key cities across the country.
Findings:
Annual cost of care in the U.S. is $85,775 for a private room in a nursing home
Annual cost of care in the U.S. is $75,555 for a semi-private… More
