Get your barf-bag ready! A recent report by MetLife has concluded that private nursing homes in the United States now average more than $83,000 per year. At a time when many seniors have watched their nest egg dwindle, skilled nursing care rates increased 4.6% from 2009 to 2010.
Though nursing home rates vary from region to region, nursing home operators in Alaska must be catering to a wealthy crowd as the daily nursing home rates top the charts at $687 for a private room and $610 for a semi-private (shared) room.
The hightened costs also accompany assisted living care where monthly rates inceased 5.2% from the year prior to $3,293.
Of course, facilities can charge whatever the market may support, but when consumers are shelling out this kind of money, I think they deserve better!
For laws related to Alaska nursing homes, look here.
Genworth Financial: Cost of Long-Term Care by State