Long-Term Care Costs in Wyoming On Par with National Costs
Genworth and CareScout have released their 2024 Cost of Care Survey for Wyoming, revealing that long-term care service costs in the state remain comparable to national averages, with mixed year-over-year changes across different care settings.
The national data shows continued upward trends in long-term care costs, with increases exceeding inflation rates. The primary factors driving these cost increases are identified as inflation and labor costs.
The survey results are now hosted on 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, a curated network of long-term care providers meeting high-quality standards.
Genworth e CareScout hanno pubblicato il loro Rapporto sui Costi delle Cure 2024 per il Wyoming, rivelando che i costi dei servizi di assistenza a lungo termine nello stato rimangono comparabili alla media nazionale, con variazioni miste anno su anno in diverse strutture di assistenza.
I dati nazionali mostrano tendenze al rialzo continue nei costi delle cure a lungo termine, con aumenti che superano i tassi di inflazione. I principali fattori che guidano questi aumenti di costo sono identificati come inflazione e costi del lavoro.
I risultati del sondaggio sono ora ospitati su CareScout.com/cost-of-care, con strumenti interattivi per calcolare i costi medi delle cure, confronti tra stati e risorse per la pianificazione delle cure a lungo termine. La piattaforma include anche l'accesso alla CareScout Quality Network, una rete curata di fornitori di assistenza a lungo termine che soddisfano standard di alta qualità.
Genworth y CareScout han publicado su Encuesta de Costos de Atención 2024 para Wyoming, revelando que los costos de los servicios de atención a largo plazo en el estado se mantienen comparables a los promedios nacionales, con cambios mixtos de un año a otro en diferentes entornos de atención.
Los datos nacionales muestran tendencias al alza continuas en los costos de atención a largo plazo, con aumentos que superan las tasas de inflación. Los principales factores que impulsan estos aumentos de costos se identifican como la inflación y los costos laborales.
Los resultados de la encuesta ahora se encuentran en CareScout.com/cost-of-care, que cuenta con herramientas interactivas para calcular los costos medianos de atención, comparaciones entre estados y recursos para la planificación de atención a largo plazo. La plataforma también incluye acceso a la CareScout Quality Network, una red curada de proveedores de atención a largo plazo que cumplen con altos estándares de calidad.
Genworth와 CareScout는 와이오밍을 위한 2024년 장기 요양 비용 조사를 발표하였으며, 주 내 장기 요양 서비스 비용이 전국 평균과 유사한 수준을 유지하고 있으며, 다양한 요양 환경에서 연도별로 혼합된 변화를 보이고 있음을 보여주고 있습니다.
전국 데이터는 장기 요양 비용의 지속적인 상승 추세를 보여주며, 증가율이 인플레이션율을 초과하고 있습니다. 이러한 비용 증가를 주도하는 주요 요인은 인플레이션과 노동 비용으로 확인됩니다.
조사 결과는 현재 CareScout.com/cost-of-care에 게시되어 있으며, 중간 요양 비용 계산, 주별 비교 및 장기 요양 계획을 위한 자원을 제공하는 인터랙티브 도구를 포함하고 있습니다. 이 플랫폼은 또한 높은 품질 기준을 충족하는 장기 요양 제공자의 큐레이션된 네트워크인 CareScout Quality Network에 대한 접근도 포함하고 있습니다.
Genworth et CareScout ont publié leur Enquête sur le Coût des Soins 2024 pour le Wyoming, révélant que les coûts des services de soins de longue durée dans l'État restent comparables aux moyennes nationales, avec des variations mixtes d'une année sur l'autre dans différents cadres de soins.
Les données nationales montrent des tendances à la hausse continues dans les coûts des soins de longue durée, les augmentations dépassant les taux d'inflation. Les principaux facteurs à l'origine de ces augmentations de coûts sont identifiés comme l'inflation et les coûts de main-d'œuvre.
Les résultats de l'enquête sont désormais hébergés 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 CareScout Quality Network, un réseau sélectionné de fournisseurs de soins de longue durée respectant des normes de qualité élevées.
Genworth und CareScout haben ihre 2024 Kosten der Pflege Umfrage für Wyoming veröffentlicht, die zeigt, dass die Kosten für langfristige Pflegeleistungen im Bundesstaat mit den nationalen Durchschnittswerten vergleichbar bleiben, mit gemischten Veränderungen im Jahresvergleich in verschiedenen Pflegeeinrichtungen.
Die nationalen Daten zeigen weiterhin einen Anstieg der Kosten für langfristige Pflege, wobei die Erhöhungen 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 langfristigen Pflege. Die Plattform beinhaltet auch den Zugang zum CareScout Quality Network, einem kuratierten Netzwerk von langfristigen Pflegeanbietern, die hohe Qualitätsstandards erfüllen.
- Platform expansion with new interactive tools and resources
- Introduction of CareScout Quality Network for verified care providers
- Long-term care costs continue to outpace inflation rates
- Rising 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 |
46 |
|
|
Home Health Aide |
|
- |
38 |
|
|
Adult Day Care |
n/a8 |
n/a8 |
|
|
n/a8 |
Assisted Living Communities1 |
|
- |
46 |
|
|
Nursing Home
|
|
|
25 |
|
|
Nursing Home
|
|
|
30 |
|
|
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 annual median cost and/or 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/20250301941834/en/
Media Contact:
Ryan Clark
ryan.clark@genworth.com
Source: Genworth Financial, Inc.
FAQ
How did Wyoming's long-term care costs compare to national trends in 2024?
What are the main factors driving long-term care cost increases in 2024?
Where can I access Genworth's 2024 Cost of Care Survey data?
What resources does the new CareScout platform offer for long-term care planning?
