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Monday, April 7, 2014

Honolulu 15th Most Expensive Long Term Care

By News Release @ 11:06 PM :: 7229 Views
 

Cost of Long-Term Care Services by Metropolitan Area

From New York Life

Use the tool below to access the 2014 New York Life Cost of Long-Term Care Services information by major metropolitan areas*. The tool displays the average costs for nursing homes, assisted living facilities and home care services in the selected area.

Providers across the country were surveyed to determine the average costs by collecting a sample of providers that best represent each region. For more information about the survey methodology or to view the complete survey results, click here.

LINK: TOOL

Honolulu, HI:

Type of care: Average cost in region

Skilled Nursing Facilities Private Room Annual Rate: $121,154

Skilled Nursing Facilities Semi-Private Room Annual Rate: $125,969

Assisted Living Facility Monthly Rate (2 bedroom): $4,509

Assisted Living Facility Monthly Rate (1 bedroom): $4,818

Assisted Living Facility Monthly Rate (Studio): $4,461

Registered Nurse Hourly Rate: $67.88

Licensed Practical Nurse Hourly Rate: $52.07

Home Health Aide Hourly Rate: $22.12

PBN:  Honolulu ranked as 15th most expensive market in U.S. for long-term care, New York Life finds

Genworth: Hawaii 9th Most Expensive State for Senior Care

From Senior Housing News

Long-term care is expensive across the country, but some states—particularly those on the East Coast—have much higher median costs than others, as demonstrated by Genworth’s 2014 Cost of Care Survey.

Ten Most Expensive States for Assisted Living Care

1-Washington, D.C.—$82,674

2-Alaska, Delaware (tied)—$66,000

4-New Jersey—$65,160

5-Connecticut—$63,468

6-Massachusetts—$62,964

7-Maine—$59,400

8-Rhode Island—$58,740

9-Hawaii—$57,000

10-New Hampshire—$52,470

LINK: Genworth’s 2014 Cost of Care Survey

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