Long-Term Care Costs in Idaho On Par with National Costs
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Idaho showed mixed trends year-over-year, with increases in some care settings and decreases in others, while remaining comparable to national averages.
The national data indicates an upward trend in long-term care costs across various care types, with increases exceeding inflation rates. The primary factors driving these cost increases are inflation and labor costs.
The survey results are now accessible at CareScout.com/cost-of-care, featuring interactive tools for calculating median care costs, state-by-state comparisons, and resources for long-term care planning. The platform also includes access to the CareScout Quality Network of vetted care providers and comprehensive guides for aging care planning.
Il sondaggio sui costi di assistenza 2024 di Genworth e CareScout rivela che i costi dell'assistenza a lungo termine in Idaho hanno mostrato tendenze miste anno dopo anno, con aumenti in alcune tipologie di assistenza e diminuzioni in altre, rimanendo comunque comparabili con le medie nazionali.
I dati nazionali indicano una tendenza al rialzo nei costi di assistenza a lungo termine attraverso vari tipi di assistenza, con aumenti che superano i tassi di inflazione. I principali fattori che guidano questi aumenti dei costi sono l'inflazione e i costi del lavoro.
I risultati del sondaggio sono ora accessibili su CareScout.com/cost-of-care, con strumenti interattivi per calcolare i costi mediani dell'assistenza, confronti tra stati e risorse per la pianificazione dell'assistenza a lungo termine. La piattaforma include anche l'accesso alla Rete di Qualità CareScout di fornitori di assistenza selezionati e guide complete per la pianificazione dell'assistenza per la terza età.
La Encuesta de Costos de Cuidado 2024 de Genworth y CareScout revela que los costos de atención a largo plazo en Idaho mostraron tendencias mixtas de un año a otro, con aumentos en algunos tipos de atención y disminuciones en otros, mientras que se mantienen comparables a los promedios nacionales.
Los datos nacionales indican una tendencia al alza en los costos de atención a largo plazo en varios tipos de atención, con aumentos que superan las tasas de inflación. Los principales factores que impulsan estos aumentos de costos son la inflación y los costos laborales.
Los resultados de la encuesta ya están disponibles en CareScout.com/cost-of-care, con herramientas interactivas para calcular los costos medianos de atención, comparaciones estado por estado y recursos para la planificación de atención a largo plazo. La plataforma también incluye acceso a la Red de Calidad CareScout de proveedores de atención seleccionados y guías completas para la planificación de atención para personas mayores.
Genworth와 CareScout의 2024년 장기 요양 비용 조사는 아이다호의 장기 요양 비용이 해마다 혼합된 경향을 보였으며, 일부 요양 유형에서는 증가하고 다른 유형에서는 감소했으며, 여전히 국가 평균과 비슷하다고 밝혔습니다.
국가 데이터는 다양한 요양 유형에서 장기 요양 비용이 상승하는 추세를 나타내며, 증가율이 인플레이션율을 초과하고 있습니다. 이러한 비용 증가를 주도하는 주요 요인은 인플레이션과 인건비입니다.
조사 결과는 이제 CareScout.com/cost-of-care에서 이용 가능하며, 중간 요양 비용 계산을 위한 대화형 도구, 주별 비교 및 장기 요양 계획을 위한 리소스가 포함되어 있습니다. 이 플랫폼은 또한 검증된 요양 제공업체의 CareScout 품질 네트워크에 대한 접근과 노인 요양 계획을 위한 종합 가이드를 포함합니다.
Le sondage sur les coûts des soins 2024 de Genworth et CareScout révèle que les coûts des soins de longue durée dans l'Idaho ont montré des tendances mixtes d'une année sur l'autre, avec des augmentations dans certains types de soins et des diminutions dans d'autres, tout en restant comparables aux moyennes nationales.
Les données nationales indiquent une tendance à la hausse des coûts des soins de longue durée à travers divers types de soins, avec des augmentations dépassant les taux d'inflation. Les principaux facteurs à l'origine de ces augmentations de coûts sont l'inflation et les coûts du travail.
Les résultats de l'enquête sont désormais accessibles sur CareScout.com/cost-of-care, avec des outils interactifs pour calculer les coûts médians des soins, des comparaisons état par état et des ressources pour la planification des soins de longue durée. La plateforme inclut également l'accès au réseau de qualité CareScout de prestataires de soins vérifiés et des guides complets pour la planification des soins aux personnes âgées.
Die Kostenumfrage 2024 von Genworth und CareScout zeigt, dass die Kosten für die Langzeitpflege in Idaho von Jahr zu Jahr gemischte Trends aufwiesen, mit Anstiegen in einigen Pflegebereichen und Rückgängen in anderen, während sie weiterhin mit den nationalen Durchschnittswerten vergleichbar sind.
Die nationalen Daten zeigen einen Aufwärtstrend bei den Kosten für die Langzeitpflege über verschiedene Pflegearten hinweg, wobei die Anstiege die Inflationsraten übersteigen. Die Hauptfaktoren, die diese Kostensteigerungen antreiben, sind Inflation und Arbeitskosten.
Die Umfrageergebnisse sind jetzt auf CareScout.com/cost-of-care verfügbar und bieten interaktive Werkzeuge zur Berechnung der medianen Pflegekosten, staatliche Vergleiche und Ressourcen für die Planung der Langzeitpflege. Die Plattform umfasst auch den Zugang zum CareScout-Qualitätsnetzwerk von geprüften Pflegeanbietern und umfassenden Leitfäden zur Planung der Altenpflege.
- Survey data now more accessible through interactive online platform
- Launch of CareScout Quality Network for verified care providers
- Long-term care costs continue to rise above inflation rates
- Increasing labor costs putting upward pressure on care expenses
“Genworth and CareScout are committed to helping our customers in
National 2024 Cost of Care Survey data showed a continued upward trajectory in long-term care costs across care types, with cost increases for most care types continuing to outpace inflation rates1. The top factors contributing to increased costs were inflation and labor costs. Here’s how the cost of care in
Annual Median Cost of Long-Term Care for |
|||||
|
|
National |
|||
Care Category |
2024 Annual Cost |
Change Since 20236 |
State Rank (High/Low) 7 |
2024 Annual Cost |
Change Since 2023 |
Homemaker Services |
|
n/a9 |
37 |
|
|
Home Health Aide |
|
|
33 |
|
|
Adult Day Care |
|
n/a8 |
|
n/a8 |
|
Assisted Living Communities1 |
|
- |
48 |
|
|
Nursing Home
|
|
- |
22 |
|
|
Nursing Home
|
|
- |
25 |
|
|
The Cost of Care Survey has a new home: www.CareScout.com/cost-of-care. CareScout, a Genworth company, has been part of the Cost of Care Survey since its first edition in 2004. Leveraging Genworth’s 50+ years of expertise in long-term care, CareScout is on a mission to help more families understand, find, and fund high-quality long-term care. On CareScout.com, you’ll find an array of resources including:
- The Cost of Care Survey tool, an interactive web-based tool to help calculate the median cost of long-term care services in your area.
- National and state median data and ranked state data tables to help you see median costs across care types at-a-glance.
- The CareScout Quality Network, a first-of-its-kind network of long-term care providers who meet high-standards for quality, person-centered care.
- A guide to aging care planning to help care seekers gather and organize information and resources to make the aging journey a smooth one.
- Information about paying for long-term care services for yourself or a loved one.
- Perspectives on person-centered care – what it is and why you should insist on it.
About the Cost of Care Survey
The annual Cost of Care Survey, one of the most comprehensive studies of its kind, contacted more than 140,000 long-term care providers nationwide to complete more than 15,000 surveys for nursing homes, assisted living communities, adult day health facilities and home care providers from July to December 2024. The survey collected rates for 2024 and includes 431 regions based on the Metropolitan Statistical Areas, defined by the Office of Management and Budget as a core area containing a substantial population nucleus, together with adjacent communities having a high degree of economic and social integration with that core. However, due to statistical variance, actual costs for long-term care services may differ from the projected cost based on ZIP Code or location.
About Genworth Financial
Genworth Financial, Inc (“Genworth”) (NYSE: GNW) is a Fortune 500 company focused on empowering families to navigate the aging journey with confidence, now and in the future. Headquartered in
About CareScout
CareScout helps older adults and their families navigate the aging journey and find quality care. Inspired by a mission to simplify and dignify the aging experience, we're building an integrated ecosystem of care and funding solutions. To learn more about CareScout, visit www.CareScout.com. CareScout, LLC (CareScout) is a wholly owned subsidiary of Genworth Financial, Inc. (NYSE: GNW).
1 “United States Inflation Rate” (https://tradingeconomics.com/united-states/inflation-cpi), site accessed 02/09/25
Table Footnotes
1 Referred to as Residential Care facilities in
2 Based on 44 hours per week for 52 weeks
3 Based on 5 days per week for 52 weeks
4 Based on 12 months of care, private, one bedroom
5 Based on 365 days of care
6 Based on 2023 and 2024 Annual Percentage Change
7 Ranking based on the highest to lowest cost per state for each care category
8 Adult Day Care is a less prevalent care type. As a result, we were not able to provide year-over-year change at this time.
9 Due to low responses in 2023, we are unable to provide state level changes this year.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250301786474/en/
Media Contact:
Ryan Clark
ryan.clark@genworth.com
Source: Genworth Financial, Inc.
FAQ
How did Idaho's long-term care costs change in 2024 according to Genworth's survey?
What are the main factors driving long-term care cost increases in 2024?
Where can I access Genworth's 2024 Cost of Care Survey results?
What resources does CareScout.com provide for long-term care planning?
