“Rates for nursing homes, in-home care down: report”

“Rates for nursing homes, in-home care down: report,” by Kathleen Steele Gaivin, McKnights Senior Living

“Movement of rates for long-term care is mixed, with assisted living and home health aide rates up but rates for in-home nursing visits and nursing homes declined year over year, according to a new report from long-term care insurer Illumifin. The insurance company’s 10th annual Cost of Care study and analysis, released Wednesday, includes national, state and regional long-term care cost data among various settings. A companion website, What Care Costs, includes interactive maps and projection tools to sort, rank and evaluate average costs of long-term care around the country.”

 

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Congratulations to Center-corporate-member illumifin and its president and CEO Peter Goldstein on the publication of this important analysis. Goldstein was awarded the Intercompany Long-Term Care Insurance Conference’s “Recognition Award,” a lifetime achievement honor, at last week’s annual ILTCI conference in San Diego. Bravo!