{"id":6785,"date":"2013-04-15T10:00:35","date_gmt":"2013-04-15T10:00:35","guid":{"rendered":"https:\/\/preferhome.com\/home-care-rates\/"},"modified":"2013-04-15T10:00:35","modified_gmt":"2013-04-15T10:00:35","slug":"home-care-rates","status":"publish","type":"post","link":"https:\/\/preferhome.com\/locations\/blog\/home-care-rates\/","title":{"rendered":"Report: Home Care Rates Steady; Nursing Homes Rates Rising"},"content":{"rendered":"<p>The annual cost-of-care survey from Genworth Financial is out. Its main message? Long-term care rates are skyrocketing &#8230; with the exception of one major set of services: in-home care.<\/p>\n<p>Over the last five years, in-home care rates have risen just 0.84 percent, according to the<em> U.S. News &amp; World Report<\/em> blog<em> The Best Life<\/em>. This year, the median cost of <a href=\"https:\/\/preferhome.com\/locations\/services\/homemaker-care\/\">homemaker care<\/a> is $18 an hour. From the blog:<\/p>\n<blockquote><p>&#8220;If you look at national private nursing home costs over the past 10 years that we&#8217;ve done this study, the median annual costs have gone up from $65,200 to $83,950, increasing at more than four percent a year,&#8221; Pat Foley, Genworth&#8217;s head of distribution and marketing, said in a prepared statement. &#8220;The better news is that costs for homemaker services and home health aides have remained almost flat. Since 70 percent of Genworth&#8217;s first time long term care claimants choose in-home care, these costs have remained more manageable.&#8221;<\/p><\/blockquote>\n<p>The median assisted living cost is $41,400 a year (a 4.6 percent increase), and adult day care is $65 a day (a 6.6 percent increase).<\/p>\n<p>So the care people prefer also has the steadiest rates? What good news for people who choose to remain home! As you know, it&#8217;s our mission to <a href=\"https:\/\/preferhome.com\/locations\/services\/\">help our clients do just that<\/a> for as long as you want.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The annual cost-of-care survey from Genworth Financial is out. Its main message? Long-term care rates are skyrocketing &#8230; with the <a href=\"https:\/\/preferhome.com\/locations\/blog\/home-care-rates\/\" class=\"h5 more-link\">Learn More<\/a><\/p>\n","protected":false},"author":6,"featured_media":2067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[959,1033,961],"tags":[1082],"class_list":["post-6785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-why-home-care","category-senior-finances","category-ways-to-pay-for-home-care","tag-cost-of-long-term-care"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.7 (Yoast SEO v21.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Report: Home Care Rates Steady; Nursing Homes Rates Rising - Preferred Care at Home<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Report: Home Care Rates Steady; Nursing Homes Rates Rising\" \/>\n<meta property=\"og:description\" content=\"The annual cost-of-care survey from Genworth Financial is out. 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