Long-Term Care Costs Increase in Connecticut, Exceeding National Costs
Genworth and CareScout have released their 2024 Cost of Care Survey revealing that long-term care costs in Connecticut have increased year-over-year, surpassing national averages. The survey indicates a continued upward trend in long-term care costs across various care types nationally, with most increases outpacing inflation rates.
The primary factors driving these cost increases are inflation and labor costs. The survey data and tools are now hosted on CareScout.com/cost-of-care, offering interactive features to calculate median costs of long-term care services by area, along with national and state-level comparisons.
CareScout, a Genworth company with over 50 years of expertise in long-term care, provides additional resources including a Quality Network of care providers, aging care planning guides, and information about financing long-term care services.
Genworth e CareScout hanno pubblicato il loro Rapporto sui Costi delle Cure 2024, rivelando che i costi delle cure a lungo termine nel Connecticut sono aumentati anno dopo anno, superando le medie nazionali. Il rapporto indica una continua tendenza al rialzo dei costi delle cure a lungo termine in vari tipi di assistenza a livello nazionale, con la maggior parte degli aumenti che supera i tassi di inflazione.
I principali fattori che guidano questi aumenti di costo sono l'inflazione e i costi del lavoro. I dati e gli strumenti del sondaggio sono ora ospitati su CareScout.com/cost-of-care, offrendo funzionalità interattive per calcolare i costi medi dei servizi di assistenza a lungo termine per area, insieme a confronti a livello nazionale e statale.
CareScout, una società di Genworth con oltre 50 anni di esperienza nelle cure a lungo termine, fornisce risorse aggiuntive tra cui una Rete di Qualità di fornitori di assistenza, guide alla pianificazione dell'assistenza per gli anziani e informazioni sul finanziamento dei servizi di assistenza a lungo termine.
Genworth y CareScout han publicado su Encuesta de Costos de Cuidado 2024, revelando que los costos de cuidado a largo plazo en Connecticut han aumentado año tras año, superando los promedios nacionales. La encuesta indica una continua tendencia al alza en los costos de cuidado 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 estos aumentos de costos son la inflación y los costos laborales. Los datos y herramientas de la encuesta ahora se encuentran en CareScout.com/cost-of-care, ofreciendo características interactivas para calcular los costos medianos de los servicios de cuidado a largo plazo por área, junto con comparaciones a nivel nacional y estatal.
CareScout, una empresa de Genworth con más de 50 años de experiencia en cuidado a largo plazo, proporciona recursos adicionales que incluyen una Red de Calidad de proveedores de atención, guías de planificación de cuidado para personas mayores e información sobre financiamiento de servicios de cuidado a largo plazo.
Genworth와 CareScout는 2024년 장기 요양 비용 조사를 발표하며, 코네티컷의 장기 요양 비용이 매년 증가하고 있으며, 이는 전국 평균을 초과한다고 밝혔습니다. 조사 결과, 다양한 요양 유형에서 장기 요양 비용이 계속 상승하는 추세를 보이고 있으며, 대부분의 비용 증가가 인플레이션율을 초과하고 있습니다.
이러한 비용 증가를 주도하는 주요 요인은 인플레이션과 노동 비용입니다. 조사 데이터와 도구는 이제 CareScout.com/cost-of-care에서 호스팅되며, 지역별 장기 요양 서비스의 평균 비용을 계산할 수 있는 인터랙티브 기능과 함께 국가 및 주 차원의 비교를 제공합니다.
CareScout는 장기 요양 분야에서 50년 이상의 경험을 가진 Genworth의 자회사로, 양질의 요양 제공자 네트워크, 노인 요양 계획 가이드 및 장기 요양 서비스의 자금 조달에 대한 정보를 포함한 추가 리소스를 제공합니다.
Genworth et CareScout ont publié leur Enquête sur le Coût des Soins 2024, révélant que les coûts des soins de longue durée dans le Connecticut ont augmenté d'année en année, dépassant les moyennes nationales. L'enquête indique une tendance 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 à l'origine de ces augmentations de coûts sont l'inflation et les coûts de main-d'œuvre. Les données et outils de l'enquête sont désormais hébergés sur CareScout.com/cost-of-care, offrant des fonctionnalités interactives pour calculer les coûts médians des services de soins de longue durée par région, ainsi que des comparaisons au niveau national et régional.
CareScout, une entreprise de Genworth avec plus de 50 ans d'expertise dans les soins de longue durée, fournit des ressources supplémentaires, y compris un Réseau de Qualité de fournisseurs de soins, des guides de planification des soins pour les personnes âgées et des informations sur le financement des services de soins de longue durée.
Genworth und CareScout haben ihre 2024 Kosten für Pflege Umfrage veröffentlicht, die zeigt, dass die Kosten für die Langzeitpflege in Connecticut von Jahr zu Jahr gestiegen sind und die nationalen Durchschnittswerte übersteigen. Die Umfrage zeigt einen kontinuierlichen Aufwärtstrend bei den Kosten für Langzeitpflege in verschiedenen Pflegearten auf nationaler Ebene, wobei die meisten Steigerungen die Inflationsraten übertreffen.
Die Hauptfaktoren, die diese Kostensteigerungen antreiben, sind Inflation und Arbeitskosten. Die Umfragedaten und -werkzeuge sind jetzt auf CareScout.com/cost-of-care verfügbar und bieten interaktive Funktionen zur Berechnung der medianen Kosten für Langzeitpflegedienste nach Region sowie nationale und staatliche Vergleiche.
CareScout, ein Unternehmen von Genworth mit über 50 Jahren Erfahrung in der Langzeitpflege, bietet zusätzliche Ressourcen, darunter ein Qualitätsnetzwerk von Pflegeanbietern, Leitfäden zur Planung der Altenpflege und Informationen zur Finanzierung von Langzeitpflegediensten.
- Launch of comprehensive interactive cost analysis tools on CareScout.com
- Establishment of CareScout Quality Network for long-term care providers
- Long-term care costs in Connecticut increasing above national average
- Care costs outpacing inflation rates across service types
“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 |
|
|
28 |
|
|
Home Health Aide |
|
|
25 |
|
|
| Adult Day Care |
|
n/a8 |
|
n/a8 |
|
Assisted Living Communities1 |
|
|
5 |
|
|
Nursing Home
|
|
|
4 |
|
|
Nursing Home
|
|
|
4 |
|
|
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/20250301960208/en/
Ryan Clark
ryan.clark@genworth.com
Source: Genworth Financial, Inc.
FAQ
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