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Compare Cost of Care Across the United States
Roll over the Genworth Financial interactive map to compare your state or region's median cost of care to other areas in the country. Click a state or region to view and calculate current and projected long term care costs. Scroll down the page to learn more about long term care, long term care options, and the methodology used for the Genworth 2009 Cost of Care survey.
Long Term Cost of Care Overview
Genworth Financial helps consumers build financial long term care security at key stages of their lives. A priority focus for Genworth is helping people create a secure retirement plan, including a sound strategy for dealing with the potential need for long term care costs. Two-thirds of people over age 65 will need long term care insurance in their lifetimes, but many Americans have not proactively planned for long term care costs*. Our 2009 Cost of Care Survey can help families evaluate options and cover the growing cost of long term care.
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| 2009 Cost of Care Maps | Summary & Findings | Cost of Care Survey | Choice & Affordability Index |
| State average median annual rates for various types of long term care. | Five years of data reveal emerging trends in long term care costs. | Explore the industry’s most comprehensive report on long term care costs. Download the Cost of Long Term Care for your state. | This tool ranks regions where there is a greater number of nursing home choices at a more affordable cost in proportion to the area's 65+ population |
What is Long Term Care?
Long term care is the type of care you may need if you have a prolonged physical illness, disability or cognitive impairment (such as Alzheimer’s disease). Consumers have several options available for long term care planning costs and needs:
- Home Health Aides
- Adult Day Health Care
- Assisted Living Facilities
- Nursing Home Care
What are my Long Term Care Options?
Another factor to consider when making long term care plans, is how to pay for the cost of care. Since the median cost of care ranges from $38,896 to $74,208 per year depending on the type of care needed, it’s important to find a way to pay for long term care costs. Options to cover long term care costs include:
- Medicare: Supplemental Medicare Insurance (Medigap)
- Medicaid
- Self Insurance
- Long Term Care Insurance
Cost of Care Survey Methodology
The Genworth Cost of Care Survey was the first to publish cost of care results across 90 regions, touching every state. This year, Genworth expands the scope of the survey to help families, public policy representatives, financial planners and advisors, and others answer the question “What is the cost of long term care in my area?” This year’s expanded cost of care survey will cover 331 regions across America, including research within most Metropolitan Statistical Areas (“MSAs”). See full explanation and results starting on page 165 of the 2009 Genworth Cost of Care Survey.
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