Long-Term Care Costs Increase in Alabama, Remain Lower than National Costs
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Alabama have increased year-over-year, though remaining below national averages. The survey highlights a continued upward trajectory in long-term care costs across various care types nationwide, with most increases outpacing inflation rates.
Key factors driving the cost increases include inflation and labor costs. The survey data and tools are now accessible at CareScout.com/cost-of-care, featuring interactive cost calculation tools, state-by-state comparisons, and resources for long-term care planning.
CareScout, a Genworth company with over 50 years of expertise in long-term care, offers additional resources including the CareScout Quality Network, aging care planning guides, and information about funding long-term care services.
Il sondaggio sui costi di assistenza 2024 di Genworth e CareScout rivela che i costi di assistenza a lungo termine in Alabama sono aumentati anno dopo anno, pur rimanendo al di sotto delle medie nazionali. Il sondaggio evidenzia una continua traiettoria ascendente nei costi di assistenza a lungo termine in vari tipi di assistenza a livello nazionale, con la maggior parte degli aumenti che superano i tassi di inflazione.
I principali fattori che guidano gli aumenti dei costi includono inflazione e costi del lavoro. I dati e gli strumenti del sondaggio sono ora accessibili su CareScout.com/cost-of-care, che offre strumenti interattivi per il calcolo dei costi, confronti tra stati e risorse per la pianificazione dell'assistenza a lungo termine.
CareScout, una società di Genworth con oltre 50 anni di esperienza nell'assistenza a lungo termine, offre ulteriori risorse tra cui la CareScout Quality Network, guide alla pianificazione dell'assistenza per gli anziani e informazioni sul finanziamento dei servizi di assistenza a lungo termine.
La Encuesta de Costos de Atención 2024 de Genworth y CareScout revela que los costos de atención a largo plazo en Alabama han aumentado año tras año, aunque se mantienen por debajo de los promedios nacionales. La encuesta destaca una trayectoria ascendente continua en los costos de atención a largo plazo en varios tipos de atención a nivel nacional, con la mayoría de los aumentos superando las tasas de inflación.
Los principales factores que impulsan el aumento de costos incluyen la inflación y los costos laborales. Los datos y herramientas de la encuesta ahora están accesibles en CareScout.com/cost-of-care, que cuenta con herramientas interactivas de cálculo de costos, comparaciones estado por estado y recursos para la planificación de la atención a largo plazo.
CareScout, una empresa de Genworth con más de 50 años de experiencia en atención a largo plazo, ofrece recursos adicionales que incluyen la Red de Calidad CareScout, guías de planificación de atención para ancianos e información sobre el financiamiento de servicios de atención a largo plazo.
Genworth와 CareScout의 2024년 장기 요양 비용 조사에 따르면, 앨라배마의 장기 요양 비용이 매년 증가하고 있지만, 여전히 국가 평균 이하에 머물고 있습니다. 이 조사는 다양한 요양 유형에서 장기 요양 비용이 계속해서 상승하고 있음을 강조하며, 대부분의 증가가 인플레이션율을 초과하고 있습니다.
비용 증가를 주도하는 주요 요인은 인플레이션과 인건비입니다. 조사 데이터와 도구는 이제 CareScout.com/cost-of-care에서 접근할 수 있으며, 상호작용 가능한 비용 계산 도구, 주별 비교 및 장기 요양 계획을 위한 리소스를 제공합니다.
CareScout는 50년 이상의 장기 요양 전문성을 가진 Genworth의 자회사로, CareScout 품질 네트워크, 노인 요양 계획 가이드 및 장기 요양 서비스 자금 조달에 대한 정보와 같은 추가 리소스를 제공합니다.
Le sondage sur le coût des soins 2024 de Genworth et CareScout révèle que les coûts des soins de longue durée en Alabama ont augmenté d'une année sur l'autre, tout en restant inférieurs aux moyennes nationales. L'enquête met en évidence une trajectoire à la hausse continue des coûts des soins de longue durée dans divers types de soins à l'échelle nationale, la plupart des augmentations dépassant les taux d'inflation.
Les principaux facteurs qui alimentent l'augmentation des coûts incluent l'inflation et les coûts de main-d'œuvre. Les données et outils de l'enquête sont désormais accessibles sur CareScout.com/cost-of-care, offrant des outils de calcul des coûts interactifs, des comparaisons d'État à État et des ressources pour la planification des soins de longue durée.
CareScout, une entreprise de Genworth avec plus de 50 ans d'expertise dans les soins de longue durée, propose des ressources supplémentaires, notamment le CareScout Quality Network, des guides de planification des soins pour les personnes âgées et des informations sur le financement des services de soins de longue durée.
Die Kostenumfrage 2024 von Genworth und CareScout zeigt, dass die Kosten für die Langzeitpflege in Alabama von Jahr zu Jahr gestiegen sind, obwohl sie unter dem nationalen Durchschnitt bleiben. Die Umfrage hebt einen kontinuierlichen Anstieg der Langzeitpflegekosten in verschiedenen Pflegearten im ganzen Land hervor, wobei die meisten Erhöhungen die Inflationsraten übertreffen.
Wichtige Faktoren, die die Kostensteigerungen vorantreiben, sind Inflation und Arbeitskosten. Die Umfragedaten und -werkzeuge sind jetzt auf CareScout.com/cost-of-care verfügbar, mit interaktiven Kostenberechnungstools, bundesstaatlichen Vergleichen und Ressourcen für die Planung der Langzeitpflege.
CareScout, ein Unternehmen von Genworth mit über 50 Jahren Erfahrung in der Langzeitpflege, bietet zusätzliche Ressourcen wie das CareScout Quality Network, Leitfäden zur Pflegeplanung für ältere Menschen und Informationen zur Finanzierung von Langzeitpflegediensten an.
- Survey data indicates continued market growth in long-term care sector
- Company maintains strong market research position with comprehensive national survey
- Strategic expansion of digital tools and resources through CareScout platform
- Rising labor and inflation costs affecting service delivery
- Increasing care costs may impact customer affordability and service adoption
“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
|
State Rank
|
2024 Annual Cost |
Change
|
Homemaker Services |
|
|
49 |
|
|
Home Health Aide |
|
|
49 |
|
|
Adult Day Care |
|
n/a8 |
|
n/a8 |
|
Assisted Living Communities1 |
|
|
49 |
|
|
Nursing Home
|
|
|
43 |
|
|
Nursing Home
|
|
|
46 |
|
|
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250301111356/en/
Ryan Clark
ryan.clark@genworth.com
Source: Genworth Financial, Inc.
FAQ
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