Navigation Links
Growth in Kentucky Long Term Care Costs Outpacing the Rate of Inflation, According to Annual Genworth Financial Study
Date:4/30/2009

p>

"Many Kentucky residents who had planned to tap their hard-earned nest egg to cover future long term care costs are finding this may no longer be a viable option given the economic downturn," said Buck Stinson, president, insurance products at Genworth Financial. "Two-thirds of people over age 65 will need long term care in their lifetimes. The localized information provided by Genworth's 2009 Cost of Care Survey is invaluable to families and their trusted advisors in mapping out a financial security strategy to cover the growing cost of this vital care."

A Snapshot of Kentucky Long Term Care Costs

Nursing Homes: The median annual cost for a private nursing home room ranges from $63,875 to $72,818 in Kentucky. The annual cost in Louisville is $66,613 and $67,525 in Lexington. Owensboro has the highest costs in the state.

Assisted Living: Assisted living costs range statewide from a median annual cost of $23,280 to $39,600 for a private room. Costs increased most significantly in Louisville to $39,600, a 10 percent annual increase over the past five years. Nationally, the annual cost for a private room in an assisted living facility is $33,903 and costs have increased 5 percent annually over the past five years.

Home Care: The median hourly rate for a non-Medicare certified, state licensed home health aide ranges from $15 to $18 in Kentucky. Costs have risen 3 percent annually over the past five years in Lexington to $18 per hour. The cost nationally for this type of care is also $18 per hour, with costs increasing 2 percent annually over the past five years.

Adult Day Health Care: For adult day health care services, the median daily rate statewide ranges from $42 to $62. The daily rate in both Louisville and Lexington is $62. Comparable cost data for Owensboro is not available. The daily rate nationally i
'/>"/>

SOURCE Genworth Financial
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Growth in Kansas Long Term Care Costs Outpacing the Rate of Inflation, According to Annual Genworth Financial Study
2. Growth in Indiana Long Term Care Costs Outpacing the Rate of Inflation, According to Annual Genworth Financial Study
3. Growth in Idaho Long Term Care Costs Outpacing the Rate of Inflation, According to Annual Genworth Financial Study
4. Growth in Hawaii Long Term Care Costs Outpacing the Rate of Inflation, According to Annual Genworth Financial Study
5. Growth in Florida Long Term Care Costs Outpacing the Rate of Inflation, According to Annual Genworth Financial Study
6. M. D. Anderson study predicts dramatic growth in cancer rates among US elderly, minorities
7. Building on Growth, Virtify Adds to Executive Team and Expands Commercial Operations
8. Growth Opportunity in Brazils Varicose Vein Treatment Device Market
9. The Biometric Market - A Recession Proof Area of Growth and Opportunities, Says Frost & Sullivan
10. Statins may exert influence on prostate cancer growth by reducing inflammation
11. Growth of Plastic Surgery & Botox Grannies in UK
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/14/2014)... (PRWEB) July 14, 2014 The ... in Hicksville and Hauppauge, NY, has announced the ... long-lasting treatment for diabetic macular edema (DME) patients. ... an additional FDA-approved indication for use in diabetic ... FDA in 2009 for treatment of retinal vascular ...
(Date:7/14/2014)... 2014 There’s an old adage that says ... Lash Palette say the products offered in their preorder ... “You can reserve The Lash Palette for $40,” said Jenelle ... . , Paris explained that the first 1,000 have already ... , She went on to point out that her company ...
(Date:7/14/2014)... works could lead to the next generation of treatments ... forms when recently evolved genes are damaged, and cells ... , Astrobiologists Dr Charley Lineweaver from The Australian ... University teamed up with oncologist Dr Mark Vincent from ... model. , "The rapid proliferation of cancer cells ...
(Date:7/14/2014)... According to a new market research ... SiC, and Others), Devices (Power IC, Power Module & ... to 2014 - 2020", the Power Electronics market is ... electronics market is valued at $36.86 Billion and expected ... 2020. The report also includes an in-depth analysis of ...
(Date:7/14/2014)... may buffer some of the adverse health effects of ... researchers from the American Cancer Society, The Cooper Institute, ... the journal Mayo Clinic Proceeding s, and finds ... blood markers associated with cardiovascular disease is markedly less ... has been linked to an increase risk of obesity, ...
Breaking Medicine News(10 mins):Health News:Retina Group of New York Now Offers Long-lasting Ozurdex® Treatment for Diabetic Retinopathy 2Health News:Retina Group of New York Now Offers Long-lasting Ozurdex® Treatment for Diabetic Retinopathy 3Health News:The Lash Palette Preorder Event Has Officially Begun 2Health News:New theory turns cancer on its head 2Health News:Power Electronics Market Estimated to Reach $36.86 Billion by 2020 at CAGR of 7.74% - New Report by MarketsandMarkets 2Health News:Power Electronics Market Estimated to Reach $36.86 Billion by 2020 at CAGR of 7.74% - New Report by MarketsandMarkets 3Health News:Power Electronics Market Estimated to Reach $36.86 Billion by 2020 at CAGR of 7.74% - New Report by MarketsandMarkets 4Health News:Power Electronics Market Estimated to Reach $36.86 Billion by 2020 at CAGR of 7.74% - New Report by MarketsandMarkets 5Health News:Physical fitness associated with less pronounced effect of sedentary behavior 2
... the Industry,s First Available Standards-Based 1080p30, 720p60 Systems; New Management ... ... Los Angeles, CA (PRWEB) October 17, 2008 ... conferencing solutions, today announced the next generation in high definition ...
... Reach Health-Conscious Consumers, FALLS CHURCH, Va., Oct. ... some sort of digestive health issue (*see reference,below). ... the ways in,which prebiotics and probiotics could benefit ... raise awareness for prebiotics and,probiotics by working with ...
... rise in Social Security benefits, those relying on fixed incomes are ... Allsup outlines financial tips. , ... Belleville, Ill. (Vocus) ... relying on Social Security Disability Insurance (SSDI) or awaiting a decision ...
... More than three quarters of current hormonal contraceptive ... KENILWORTH, N.J., Oct. 16 Women,s feelings,and ... seek,out methods that could better satisfy their needs, ... Schering-Plough by Harris Interactive(R). In,the survey, "Contraceptive Habits," ...
... cause people to eat more to get the same pleasure from ... help prod people to overeat and gain excess weight, new research ... weight loss, but it does reinforce the value of good eating ... study, reported in the Oct. 17 issue of Science, ...
... clinical social worker has taken a new step in helping his patients ... some light exercise, taking in the trees and the people, Cockrell helps ... has shown incredible improvements over traditional office settings. , ... Manhattan, NY ...
Cached Medicine News:Health News:GBH Communications, Inc. Offers Next Generation of LifeSize High Definition Video Communications and Telepresence Products 2Health News:GBH Communications, Inc. Offers Next Generation of LifeSize High Definition Video Communications and Telepresence Products 3Health News:MyHealthGate, Inc. Joins With LiveActive Chewy Granola Bars to Raise Digestive Health Awareness 2Health News:Social Security 2009 COLA Helps, But People with Disabilities Will Still Struggle, Says Allsup 2Health News:Social Security 2009 COLA Helps, But People with Disabilities Will Still Struggle, Says Allsup 3Health News:Social Security 2009 COLA Helps, But People with Disabilities Will Still Struggle, Says Allsup 4Health News:Social Security 2009 COLA Helps, But People with Disabilities Will Still Struggle, Says Allsup 5Health News:Social Security 2009 COLA Helps, But People with Disabilities Will Still Struggle, Says Allsup 6Health News:Social Security 2009 COLA Helps, But People with Disabilities Will Still Struggle, Says Allsup 7Health News:Women's Contraceptive Perceptions and Realities Don't Match Up 2Health News:Women's Contraceptive Perceptions and Realities Don't Match Up 3Health News:Women's Contraceptive Perceptions and Realities Don't Match Up 4Health News:Overeating? Blame Your Genes 2Health News:Overeating? Blame Your Genes 3Health News:New Method of Therapy Takes Patients Out of the Clinic and Into the Park 2
(Date:7/14/2014)... Wis. , July 14, 2014 Lumin ... purchased the assets of PatientTrak, the leading provider of ... headquarters from Illinois to ... name is Lumin which means light and our mission ... improve patient satisfaction, increase efficiencies and reduce costs," said ...
(Date:7/14/2014)... 14, 2014  More than any other generation, Millennials born ... computers -- but their eyes don,t. These mobile devices demand ... and the eye has not evolved to cope with them. ... can do comfortably often results in tired eyes, focusing problems, ... Eye Strain. Now ZEISS has invented a new type of ...
(Date:7/14/2014)...  Today, ATS Labs, Inc. (ATS), majority owned by ... of MicroTest Labs, Inc. (MTL) of Agawam ... first step in the strategy of ATS to expand ... the medical device and biopharmaceutical industries.  The combined companies ... , a name that personifies the quality and accuracy ...
Breaking Medicine Technology:Lumin Medical Purchases PatientTrak 2Lumin Medical Purchases PatientTrak 3New Eyeglass Lens Helps Our Eyes Keep Up with our Digital Lives 2New Eyeglass Lens Helps Our Eyes Keep Up with our Digital Lives 3ATS Labs, Inc. Announces the Acquisition of MicroTest Labs, Inc. 2ATS Labs, Inc. Announces the Acquisition of MicroTest Labs, Inc. 3
... 28, 2012   OncoSec Medical Incorporated (OTCBB: ONCS), ... ElectroOncology therapies to treat solid tumor cancers, today announced ... by the University of California San Francisco and the ... clinical trial evaluating OncoSec,s OMS ElectroImmunotherapy for ...
... from visual impairment due to autism, brain injury, stroke or ... a revolutionary new therapy program using specially designed games and ... Therapy Program uses a web-based application in which patients ... system dysfunction and strengthen visual skills. The application was created ...
Cached Medicine Technology:OncoSec Doses First Patient in Phase II Clinical Trial for Metastatic Melanoma 2OncoSec Doses First Patient in Phase II Clinical Trial for Metastatic Melanoma 3OncoSec Doses First Patient in Phase II Clinical Trial for Metastatic Melanoma 4New Therapy Program Allows Doctors to Prescribe Computer Games on iPad to Treat Visual Impairment 2
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
Medicine Products: