Nursing Care Costs Rise Most Among All Long-Term Settings

The annual median cost of care for a private room in a nursing home hit $100,375, marking the biggest increase across all long-term care settings over the last five years. That’s according to the 15th annual Genworth Cost of Care Survey, which contacted more than 49,000 long-term care providers across the U.S. to complete 15,000 […]

Skilled Nursing Costs Rise Amid Labor Woes

The cost of nursing home stays has ticked up a notch thanks in part to ongoing labor issues, according to the latest Cost of Care Survey from insurer Genworth Financial (NYSE: GNW). National median rates for semi-private room nursing home care increased 4.44% and hit $7,148 per month; private-room nursing home care, meanwhile, reached $8,121 per month, a 5.50% […]