Genworth – 2020 Cost of Care Survey Results

We started tracking the cost of care 17 years ago and have been trusted source since. Since 2004, families across America have counted on us to help them understand the cost of care. Our research in 435 cities and towns across all 50 states has not only helped individuals plan for their own care but helped policymakers with forecasting and legislative reform. Over the years, we’ve tracked various trends that have come and gone but one thing hasn’t changed: long term care costs for nursing homes, assisted living facilities, and in-home care are higher than most people have planned for
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Categories: Genworth, Industry News, and Long-Term Care.

View our New Cost of Care Resources

It’s no secret — the cost for various long-term care services goes up every year. With no end in sight, how can your clients afford not to have long-term care insurance. Cost of Care Calculator — Search for long-term care care costs by state and view what those costs might look like five, 10 or 20 years in the future. View Calculator → Cost of Care Study Brochure — This brochure provides an easy-to-read chart of how much long-term care services cost by state. View Brochure → NEW Cost of Care Sales Idea — This flyer helps explain misconceptions clients
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Updated LTC Cost of Care Numbers

  With the rising costs for long-term care services, how can your clients afford not to have long-term care insurance? Mutual of Omaha’s Cost of Care brochure provides an easy-to-read chart of how much long-term care services cost by state. The brochure is a great way to help your clients understand the financial protection long-term care insurance provides.   View Cost of Care Study →   With these statistics, the evidence is clear: long-term care insurance is essential to protect the financial future of your clients and their families. Not to mention, it keeps them happy, in their home, and
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Genworth Cost of Care Survey 2019 – Announced Today

Genworth Cost of Care Survey 2019: Skyrocketing care costs may make the dream of aging at home more challenging Richmond, VA (October 16, 2019) — The fastest-rising long term care costs are no longer for the most skilled care – in a facility, they’re now for the least-complex care – at home, according to Genworth’s latest 2019 Cost of Care Survey results, announced today. To explore Cost of Care data by city, state or zip code, find trend charts and access lists of states ranked in order of care costs, visit www.genworth.com/costofcare. The cost of homemaker services, which includes assistance
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Categories: Genworth, Industry News, and Long-Term Care.

Two Ways to See Your State’s Cost of LTC Services

Mutual of Omaha has been providing you with long-term care costs for years, but if you aren’t sure how much your clients may need, use our Cost of Care calculator or Cost of Care Brochure to find out. In fact, they’ve just updated with 2018 numbers! Each tool reflects the costs for Home Health Care, Assisted Living Facility and Nursing Home for private and semi-private room by state.   Two Ways to See Your State’s Cost of LTC Services   #goldencareagent #mutualofomaha #costofcare
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Have You Tried the LTC Cost of Care Calculator?

Do your clients realize how expensive long-term care services can be? Based on national average costs, people can expect to pay more than $91,000 per year for a semiprivate room in a nursing home** – and that figure is expected to keep rising. Use our Cost-of-Care Calculator to Help Your Clients Understand the Need Mutual of Omaha’s Cost of Care calculator on our LTC Rider site provides national and state averages for a variety of long-term care services, including those received at home, in an assisted living facility and in a nursing home. It also provides estimates of what future
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).