According to Genworth Financial’s 2012 Long Term Care Survey, the national average annual cost of a semi-private room in a nursing home is $73,000, with it costing over $117,000 here in Massachusetts and in Alaska; the same room goes for $274,000.
You may never need long-term care. This year, about nine million men and women over the age of 65 will need long-term care. They are predicting by the year 2020, twelve million older Americans will need long-term care. Most will be cared for at home; family and friends are the sole caregivers for 70% of the elderly. There are 1.7 million nursing home beds and only 1.5 million are currently occupied.
A study done by the U.S "
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Make no mistake - working in long term care is a tough occupation and we are not perfect. However, we remain focused on our mission of helping people live ...Read more