Linknet Health News

The cost of long term care continues to rise more rapidly than ever. That makes it even more critical to know the facts about your long term care insurance options.

The typical cost of nursing home care in the US is currently more than $50,000 per year. While the cost of health care varies with location and service level, in certain areas of the country it can be as high as $100,000 per year. The average length of a stay in a long-term care facility is 3.1 years, so this represents an average cost of between $170,000 and $310,000.

In fact it is often worse than that, because a nursing home stay comes after receiving home health care services for a considerable period of time. So your resources will have been severely depleted even before dedicated long term care is required.