Cost of Care
For the thirteenth year, Genworth has surveyed the cost of long term care across the U.S. to help Americans plan appropriately for the potential cost of long term care. Overall, the cost of long term care among facility-based providers has steadily increased. Based on our survey results, Americans paid approximately $14,6331 more per year in 2016 for a nursing home than they had to pay in 2011.
You can view the current and future costs of long term care by selecting your age and specific location below.
*Individual stories and quotes are fictitious and are used for demonstrative purposes only.
1 Genworth 2016 Cost of Care Survey, conducted by CareScout® April 2016. Based on median annual costs, which vary among states. CareScout is a Genworth company.
Long Term Care Insurance is underwritten by Genworth Life Insurance Company, Richmond, VA
This is a solicitation of insurance for policy form series ICC13-8000R1 and ICC13-8001R1. Not all policies are available in all states. Details about the cost, benefits, limitations and exclusions of these long term care insurance policies will be provided to you by a licensed insurance agent/producer. When you respond, an insurance agent/producer will contact you.
I had NO idea what a few months of long term care might cost. When I saw the numbers, I figured it was time to find a way to help pay for care if I ever need it.*”
Did you know?
A long term care insurance policy may be the right option for you.