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

th care providers in 331 regions across America, including two regions in New Jersey.

"Many New Jersey 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 New Jersey Long Term Care Costs

Nursing Homes: Genworth's 2009 Cost of Care Survey analyzed long term care costs in two regions in New Jersey: Northern New Jersey and the rest of the state. The median annual cost in Northern New Jersey is $112,238, while the cost across the rest of the state is $107,128. Costs in the state are well above costs nationally.

Assisted Living: Assisted living costs range statewide from a median annual cost of $53,280 in Northern New Jersey to $54,000 throughout the rest of the state for a private room. Costs in Northern New Jersey increased 3 percent over the past five years, while cost throughout the rest of the state increased by 4 percent annually over the same time period. 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 throughout the entire state of New Jersey is $20. Costs have risen 3 percent annually over the past five years in Northern New Jersey and 1 percent annually in rest of the state. The cost nationally for this type of care is $18
'/>"/>

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

Page: 1 2 3 4

Related medicine news :

1. High pollution linked to poor lung function growth in children in Mexico City
2. Researchers develop long-lasting growth hormone
3. Expanding Prevalent Population Will Drive Dramatic Growth for the Asthma Drug Market in China
4. Plexus Systems Ranks in Top Third of the 2007 Inc. 5,000 with Three-Year Sales Growth of 226%
5. Neusoft Becomes First Global Growth Company Partner of World Economic Forum
6. AWT Management Announce Aggressive Growth and Acquisition Strategy
7. Cynosure to Present at the Maxim Group Growth Conference
8. Human C-reactive protein regulates myeloma tumor cell growth and survival
9. Sangamo BioSciences to Present at the ThinkEquity Partners Growth Conference
10. Cepheid to Present at ThinkEquity Partners 5th Annual Growth Conference
11. Spectranetics to Present at The A.G Edwards Growth Conference on September 18
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/30/2014)... Top10BestSEOHosting.com is a well-known review ... that HostGator.com http://secure.hostgator.com/~affiliat/cgi-bin/affiliates/clickthru.cgi?id=seohosts is the best ... they has announced that Bluehost and Arvixe are ... one of the Top 10 Web Hosting in ... hosting, and it offers rich features and great ...
(Date:8/30/2014)... York (PRWEB) August 30, 2014 August ... and shoulder pain in our society and the toll ... production costs, it’s vital that continuing education for physical ... goal to help physical therapists help others, Hands-On Seminars ... 2nd. , Three learning styles are available ...
(Date:8/30/2014)... August 30, 2014 Jake W., 18, is ... in the Back2Basics Outdoor Adventures transition program known ... high school so I can actually start on a real ... math, and I'm done.” , He has six months of ... program. Most clients choose to continue on to the Beyond ...
(Date:8/30/2014)... 30, 2014 “In 2013, a vehicle crash ... Firm says in a recently released article on 2013 ... injured in an auto accident every 12 minutes, and a ... continue. “Based on the 2013 statistics, between now and this ... , The threat of an auto accident is real and ...
(Date:8/30/2014)... FL (PRWEB) August 30, 2014 Zensah®, the ... Camo Compression Leg Sleeve . The camo sleeves are ... Leg Sleeve collection. The camo line includes classic colors ... and magenta. , Known as tibial stress syndrome, shin ... of the lower leg. Swollen and irritated muscles, stress fractures, ...
Breaking Medicine News(10 mins):Health News:Top10BestSEOHosting.com: HostGator.com Is The Best Windows Hosting Supplier 2Health News:Leader in Manual Therapy Continuing Education Makes it Easier for Physical Therapists to Improve Results on Patients 2Health News:Startling Washington Auto Accident Statistics Discussed In Recently Released Article By The Jones Firm 2Health News:Camo Compression Leg Sleeves Provide Shin Splint Relief for Runners 2
... are pulling back on cosmetic procedures during the recession, the ... laser vein removal . Unfortunately, most people who need ... that beautiful, healthy legs are within their budget since most ... varicose veins removed promptly, individuals are at risk ...
... to PerformLOS ANGELES, May 28 The Pediatric Inflammatory ... honor Producer Alexandra Milchan-Lambert and Relativity Media President of ... 14, 2009 at Culver Studios. The afternoon will ... families and will feature a fun-filled day of activities ...
... LTC EconomiesWASHINGTON, May 28 CoCares, a ... voice and advocate in Washington, DC for community businesses ... by providing vital services directly and tangentially related to ... opposition to any loss of federal funding that could ...
... into Sexually-Transmitted Diseases and AIDS in Catalonia (CEEISCAT) started ... into the prevalence of sexually-transmitted diseases (STDs) among female ... rates of infection with both HIV and other diseases ... behaviour. , "The phenomenon of prostitution has changed ...
... 28 The Florida Association for Healthcare Quality (FAHQ) ... to the Conference theme, It,s All About the Patient, ... by including presentations by two Patient Advocates, both of ... These presentations served to open and close the conference, ...
... data pool is publishing supplier data to the ... available to providers and other data subscribers; market ... Colo., May 28 /PRNewswire/ -- ... ConneXion(TM) data pool, a healthcare-focused data pool certified ...
Cached Medicine News:Health News:Get Sexy Summer Legs From Renaissance Laser and Vein Institute (laserandveinclinic.com) Courtesy of Your Health Insurance 2Health News:The Pediatric IBD Center at Cedars-Sinai Medical Center Presents Rock-n-Reel 2009 Honoring Alexandra Milchan-Lambert & Scott Lambert 2Health News:Community Businesses Impacted by Looming Cuts to Long Term Care Federal Funding 2Health News:Community Businesses Impacted by Looming Cuts to Long Term Care Federal Funding 3Health News:Community Businesses Impacted by Looming Cuts to Long Term Care Federal Funding 4Health News:Spanish prostitutes least likely to use condoms 2Health News:Patient Advocates Educate Healthcare Quality Leaders 2Health News:GHX Launches the Health ConneXion(TM) GDSN-Certified Data Pool to Accelerate Use of GS1 Standards in Healthcare 2Health News:GHX Launches the Health ConneXion(TM) GDSN-Certified Data Pool to Accelerate Use of GS1 Standards in Healthcare 3
(Date:8/29/2014)... 2014  BC Technical, the nation,s leading non-OEM provider ... a leader in sales, service and installation of GE ... Technical to continue to expand their resources and inventory ... modalities. "We are committed to driving ... , president and CEO of BC Technical. "We set ...
(Date:8/29/2014)... 2014 Research and Markets  has announced the ... 2014" report to their offering. The ... of the largest segments of pharmaceuticals industry. The numbers of ... available therapies were unable to meet the market requirements. There ... CNS disorder, especially over the past two decades. The market ...
(Date:8/29/2014)... -- Research and Markets has announced the ... of Pharmaceutical Equipment Market in China, 2014-2018" report ... Trend Forecast of Pharmaceutical Equipment Market in ... pharmaceutical equipment industry in the aspects of ... business performance of domestic major enterprises, as well as ...
Breaking Medicine Technology:BC Technical Acquires Polaris Medical Imaging 2US CNS Disorders Drug Pipeline Insight 2014 2Research and Development Trend Forecast of Pharmaceutical Equipment Market in China, 2014-2018 2
... PRINCETON, N.J., Jan. 10, 2011 CoreLab Partners, ... between RadPharm, Inc and Medifacts International, has launched a ... "We are pleased to announce the release of ... the drug development continuum by offering sponsors advanced technologies ...
... Jan 10, 2011 /PRNewswire-Asia-FirstCall/ -- Mindray Medical International Limited ... and marketer of medical devices worldwide, today announced updates ... pipeline for domestic and international markets in 2011. ... of ten products, meeting new product development goals outlined ...
Cached Medicine Technology:CoreLab Partners Launches Advanced Imaging Application 2CoreLab Partners Launches Advanced Imaging Application 3Mindray Medical Meets 2010 Product Development Targets and Announces Strong 2011 Pipeline 2Mindray Medical Meets 2010 Product Development Targets and Announces Strong 2011 Pipeline 3Mindray Medical Meets 2010 Product Development Targets and Announces Strong 2011 Pipeline 4