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Support & Insight for the Autumn of Life

How Much Will Professional Care Cost in 2013?

Take a look at this 2012 MetLife Market Survey of Nursing
Home, Assisted Living, Adult Day Services,
and Home Care Costs. It offers a clear picture of the costs to expect for long-term care in 2013.


Overview

The 2012 results of the MetLife Mature Market
Institute’s market survey reveal that average
national long-term care costs continue to rise
in most categories.

Since last year, nursing
home rates increased by 3.8% to $248 daily for
a private room and 3.7% to $222 daily for a
semi-private room. Assisted living base rates
rose by 2.1% to $3,550 monthly, while rates for
adult day services remained unchanged at $70
per day. Home health aide rates were unchanged
at $21 per hour, but homemaker/companion
service rates increased by 5.3% to $20 per hour.
(Rates and services vary greatly locally and by
state and are available in the survey.)

Care Costs

Type Rate
Adult Day Services $18,200
Homemaker $20,800
Home Health Aide $21,840
Assisted Living Community $42,600
Nursing Home: Semi-private Room $81,030
Nursing Home: Private Room $90,520

Today

› Nursing Homes: According to the U.S. Census
Bureau, in 2011, 66% of nursing home residents
were women. The median age of residents was
82.6 years; 16% of all residents were under the
age of 65. Eighty-six percent of those surveyed
are freestanding facilities; 11% have an assisted
living unit or wing.

› Assisted Living: The average age of the
residents is 86.4 years. Oversight of these
facilities rests primarily with state governments
versus federal regulations. About half (51%)
provide Alzheimer’s and dementia care, 61%
of those charge an additional fee.

› Adult Day Services: The National Adult Day
Services Association estimates that there are
over 5,000 adult day centers in the U.S. serving
over 260,000 participants and family caregivers.
Sixty-three percent of surveyed centers provide
transportation to and from their locations. Half
do not charge a fee for this service. The average
cost of transportation for those centers that
charge is just under $10 each way.

› Home Care Services: Aging adults may
choose to live on their own for many years,
many with chronic conditions or illnesses. The
majority (68%) of home health care agencies
surveyed provide Alzheimer’s training to their
employees and almost all (98%) do not charge
an additional fee for patients with Alzheimer’s.

Methodology

This survey of 2,078 nursing homes, 1,513
assisted living communities, 1,732 home care
agencies, and 1,363 adult day services centers
in all 50 states and the District of Columbia
was conducted by telephone between April and
August 2012, by LifePlans, Inc., for the MetLife
Mature Market Institute.
The states were divided into three groups,
according to the population. These groupings
were determined using data from the 2000 U.S.
Census and updates. The cities/areas surveyed
were chosen on the basis of population and
the ability to obtain
a representative
sampling of facilities
and providers.

More Information:

To download the Market Survey of Long-Term
Care Costs, which includes state and major subarea
details, visit www.MatureMarketInstitute.com.



The MetLife Mature Market Institute®

Celebrating its 15-year anniversary in 2012, the MetLife Mature Market Institute is Metropolitan Life Insurance Company’s (MetLife) center of expertise in aging, longevity and the generations and is a recognized thought leader
by business, the media, opinion leaders and the public. The Institute’s groundbreaking research, insights, strategic
partnerships and consumer education expand the knowledge and choices for those in, approaching or working with
the mature market.

The Institute supports MetLife’s long-standing commitment to identifying emerging issues and innovative
solutions for the challenges of life. MetLife, Inc. is a leading global provider of insurance, annuities and employee
benefit programs, serving 90 million customers. Through its subsidiaries and affiliates, MetLife holds leading
market positions in the United States, Japan, Latin America, Asia, Europe, the Middle East and Africa. For more
information, please visit: www.MatureMarketInstitute.com.

Insurance products: • Are Not FDIC Insured • Are Not a Condition of Any Bank Service
• Are Not a Deposit Product • Offer No Bank/Affiliate Guarantee
Insurance Contracts are An Obligation Of The Issuing Insurance Company


Background

In 2002, the MetLife Mature Market Institute
pioneered the collection of national market
survey data on nursing home, assisted living, and
home care costs. Since then, these market survey
data have been updated and released on an annual
basis. In 2007, cost information on adult day
services (ADS) was included for the first time.
This market survey contains daily private-pay
rates for private and semi-private rooms in
licensed nursing homes, monthly base rates
for assisted living communities, hourly rates
for home health aides from licensed agencies
and agency-provided homemaker/companion
services, and daily rates for adult day services
across the United States.

©2012 Metropolitan Life Insurance Company, New York
MMI00320(1012), L1012289816[exp0915]

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Unknown
Unknown
May 1, 2013 8:46 am

This blog is very good & informative.I have gain so much information from this blog.I like your blog.Thanks for the post.I am waiting for your new post.
Home Care Agencies in GA

shanta
shanta
July 31, 2015 5:15 am

This comment has been removed by a blog administrator.

Unknown
Unknown
August 19, 2018 8:28 am

The most common early symptom of this disease is difficulty in remembering recent events. It can be called as short term memory loss. People should find therapy and alzheimer's treatment

B. Berger

B. Berger

Visit Our Pages On:

Welcome

This site was inspired by my Mom’s autoimmune dementia.

It is a place where we separate out the wheat from the chaffe, the important articles & videos from each week’s river of news. With a new post on Alzheimer’s or dementia appearing on the internet every 7 minutes, the site’s focus on the best information has been a help to many over the past 15 years. Thanks to our many subscribers for your supportive feedback.

The site is dedicated to all those preserving the dignity of the community of people living with dementia.

Peter Berger, Editor

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