Sacramento Business Journal: Nursing home care in Sacramento costs well above median

 

The cost of long-term care in California in 2014 is higher than the national median. Some of the costs in the Sacramento region are higher yet.

The annual cost of a private room in a Sacramento-area nursing home now tops $116,000, well above the state median of $104,000 and national median of $87,600. A semi-private room tops $92,500 in Sacramento, $88,800 in California and $77,300 nationwide.

On a national level, there’s been a dramatic increase in the cost of facility-based care at assisted living centers and nursing homes over the past five years, according to the 2014 Cost of Care survey by Genworth Financial. The cost of care at home with homemaker services or a home health aide is rising at a more moderate rate. That’s good news for consumers, as almost three quarters of people needing long-term care prefer receiving it at home, according to Genworth’s claims data.

Continue reading here: http://www.bizjournals.com/sacramento/news/2014/04/14/nursing-home-care-in-sacramento-well-above-median.html

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  • LAAAC is managed by St. Barnabas Senior Services; Funded, in part, by Archstone Foundation.
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