Unfortunately, accidents and birth defects are a natural part of life. Medicine and genetic science is evolving and becoming more advanced by the day. However, the simple fact remains that there is currently a large demographic of people out there that need long-term care.
Below you will find the results of a 2017 study that calculates the cost of care for long-term patients in regards to their state of residency, desired living accommodations, and age. We know long-term care is an uncomfortable issue that nobody wants to think about, let alone discuss. But, don’t leave your family abandoned to supplement these pricy costs simply because you didn’t make a plan.
Since 2004, Genworth has surveyed long-term care costs across the U.S. to help Americans appropriately plan for the potential cost of this type of care in their preferred location and setting. The most comprehensive study of its kind, Genworth’s 2017 Cost of Care Survey, conducted by CareScout®, covers over 14,800 long-term care providers in 440 regions nationwide. That level of detail can help you put together a strong long-term care plan that meets your specific needs.