Long Term Care Statistics

By January 26, 2018 Personal Insurance

November is Long Term Care Awareness Month!

Approximately 70% of people 65 or over will need some long term care in their lifetime. Do you know what it currently costs to receive care?

Here is the National Median for 2014:

Homemaker services: $19 per hour. Based on a 40 hour week that would be $39,520 per year.

Home Health Aid: $20 per hour. Based on a 40 hour week that would be $41,600 per year.

Assisted Living Facility: $3,500 per month or $42,000 per year.
Nursing Home (semi private room): $212 per day or $77,380 per year.

Nursing Home (private room): $240 per day or $87,600 per year.

Call our Long Term Care specialist, David Prensky, at 410-897-9890 to discuss your options.

Prensky