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Virginia Long-Term Care Costs on the Rise

by Associated Press posted Apr 10 2012 5:41PM
  RICHMOND, Va. (AP) - The cost of home and long-term health care is increasing in Virginia and is rising faster than national levels in some cases. 
 
     A Genworth Financial survey shows the hourly rate for home health care is $18 in Virginia, an increase of about 2 percent a year over the past five years. Nationally, the rate is $19, but has only increased 1 percent a year during the same period. 
 
     In Virginia, the annual cost of an assisted living facility is $41,775, an increase of nearly 6 percent annually over the past five years. The national average is $39,600 and has increased at about the same rate. 
 
     The cost of a private nursing home room has risen 5.5 percent annually over the past five years in Virginia to $82,125. Nationally it's $81,030.
 
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Location : RichmondVirginia
04/10/2012 5:41PM
Virginia Long-Term Care Costs on the Rise
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