The 2011 Metlife Marketplace Survey Of Nursing Home, Assisted Living, Adult Twenty-Four Hours Services, In Addition To Abode Aid Costs
Nursing Home, Assisted Living as well as Adult Day Services All Increased 4.4% or More. The annual survey provides national, statewide, as well as area-specific costs for facilities offering care.
- The national average daily charge per unit of measurement for a someone room inwards a nursing abode rose 4.4% from $229 inwards 2010 to $239 inwards 2011.
- The national average monthly base of operations charge per unit of measurement inwards an assisted living community rose 5.6% from $3,293 inwards 2010 to $3,477 inwards 2011.
- The national average daily charge per unit of measurement for adult hateful solar daytime services rose 4.5% from $67 inwards 2010 to $70 inwards 2011.
- The national average hourly rates for abode wellness aides ($21) as well as homemakers ($19) were unchanged from 2010.
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This survey of 2,003 nursing homes, 1,492 assisted living communities, 1,644 abode attention agencies, as well as 1,341 adult hateful solar daytime services inwards all fifty states as well as the District of Columbia was conducted past times call betwixt Apr as well as August 2011, past times LifePlans Inc., for the MetLife Mature Market Institute.
Long-Term Care Costs inwards the U.S. Rise Again, Continuing a Trend, According to MetLife Mature Market Institute Survey
Assisted living base of operations rates rose past times 5.6% to $3,477 monthly or $41,724 annually. Adult hateful solar daytime services went upward past times 4.5% to $70 per day. Home wellness aides as well as homemaker/companion service rates were unchanged at $21 as well as $19 per hour, respectively.
The highest average daily rates for nursing homes maintain to survive inwards Alaska, where rates decreased slightly to $655 for a someone room compared to $687 inwards 2010. Costs were lowest inwards Louisiana, exterior the Baton Rouge as well as Shreveport Metropolitan Statistical Areas (MSA), at an average of $141 per hateful solar daytime for a someone room.
For assisted living, the Washington, D.C. surface area had the highest average monthly base of operations charge per unit of measurement at $5,757, a 10% increment from terminal year. Arkansas, exterior of the Little Rock MSA, had the lowest average monthly charge per unit of measurement of $2,156, likewise an increase.
“This year’s increases are greater than previous years. The Earth of the economy, combined amongst rising wellness attention as well as release energy costs, are having a pregnant touching on on long-term attention rates. In fact, long-term attention rates maintain to outpace the medical inflation rate,” said Sandra Timmermann, Ed.D., manager of the MetLife Mature Market Institute.
“The effect is dramatic protracted inflation that volition touching on consumers. As the toll of attention continues to rise, Americans demand to utter over long-term attention planning amongst their families now, to ensure they have the form of attention they desire inwards the future. This is peculiarly critical at a fourth dimension when retirement savings rates are low."
The MetLife Market Survey as well as accompanying study supply a goodness bargain of additional information regarding diverse types of long-term attention available inwards the U.S. as well as a detailed breakdown of costs past times region.
Nursing Homes:
According to the U.S. Census Bureau, inwards 2010, 66% of nursing abode residents were women. The median historic catamenia of residents was 82.7 years.
- Fifteen percent of nursing homes surveyed convey an associated assisted living unit of measurement or wing; 11% are business office of a continuing attention retirement community (CCRC).
- A pocket-size percent (10%) of nursing homes surveyed supply adult hateful solar daytime services.
- The bulk (87%) of nursing homes surveyed supply Alzheimer’s or dementia care; of those, 80% accuse the same charge per unit of measurement for care.
Assisted Living:
Current estimates from the American Seniors Housing Association betoken that the average historic catamenia of an assisted living resident is 86.9 years old, as well as the median length of remain inwards assisted living is 25.6 months.
Oversight of assisted living communities rests primarily amongst Earth governments rather than federal regulation. In 2007, several states strengthened existing standards or implemented novel standards for communities amongst residents amongst Alzheimer’s illness or other forms of dementia.
Almost three-quarters (72%) of assisted living communities surveyed supply Alzheimer’s as well as dementia care, 50% of which accuse an additional fee for the service.
Home Health Care:
The bulk (79%) of the abode wellness attention agencies surveyed supply Alzheimer’s preparation to their employees, as well as almost all (99%) agencies surveyed exercise non accuse an additional fee for patients amongst Alzheimer’s.
While most abode attention agencies surveyed supply an hourly rate, 81% of the agencies require a minimum disclose of hours per hateful solar daytime ranging from thirty minutes to 8 hours amongst iii hours beingness the average. Small percentages (3%) supply a daily rate. About 32% of those surveyed convey a 24-hour or live-in rate. The average daily live-in charge per unit of measurement for a abode wellness aide is $258 as well as $255 for a homemaker/companion.
Adult Day Services Centers:
More than three-quarters of adult hateful solar daytime services centers surveyed are opened upward Mon through Friday; 6% are likewise opened upward Saturdays as well as 13% are opened upward 7 days per week.
For those opened upward 24 hours, 67% supply total adult hateful solar daytime services for all 24 hours. Seven inwards 10 centers supply shipping services to as well as from the center. Of these, 47% exercise non accuse a fee for these services. Of those that accuse for transportation, the average one-way fee is nigh $8.
Almost all (98%) of the centers surveyed supply services for those amongst Alzheimer’s disease, amongst 2% of these charging an additional fee.
Source as well as detailed report, Market Survey of Long-Term Care Costs
The publication tin likewise survive ordered through Contact Us on the MetLife Mature Market Institute Web site, past times writing to: MetLife Mature Market Institute, 57 Greens Farms Road, Westport, CT 06880 or past times e-mailing MatureMarketInstitute@metlife.com.
Methodology
The MetLife survey of 2,003 nursing homes, 1,492 assisted living communities, 1,644 abode attention agencies as well as 1,341 adult hateful solar daytime services, inwards all fifty states as well as the District of Columbia, was conducted past times call betwixt Apr as well as August 2011, past times LifePlans, Inc., for the MetLife Mature Market Institute.
The states were divided into iii groups, according to the population—under iii million, iii to 10 ane one k thousand as well as over 10 million.
These groupings were determined using information from the 2000 U.S. Census as well as updates. The cities/areas surveyed were chosen on the footing of population as well as the mightiness to obtain a illustration sampling of facilities as well as providers.
For the “rest of state” areas, a sample of service providers or facilities were randomly selected from all providers or facilities identified inwards the Earth non already identified inwards the Metropolitan Statistical Area (MSA) sample.
Costs for this survey were calculated for each service provider inwards an surface area as well as were aggregated across all providers to compute a statewide average cost. All costs are rounded to the nearest whole dollar amount.
LifePlans
LifePlans, Inc., a run a peril administration as well as consulting firm, provides information analysis as well as information to the wellness as well as long-term attention insurance industries.
The MetLife Mature Market Institute®
The MetLife Mature Market Institute is MetLife’s oculus of expertise inwards aging, longevity as well as the generations as well as is a recognized idea leader past times business, the media, sentiment leaders as well as the public. The Institute’s groundbreaking research, insights, strategic partnerships as well as consumer pedagogy expand the noesis as well as choices for those in, approaching or working amongst the mature market.
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