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Long-Term Care Costs Increase in Nebraska, On Par with National Costs

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Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Nebraska have increased year-over-year, while remaining consistent with national averages. The survey indicates a continued upward trend in long-term care expenses across various care types nationwide, with most increases outpacing inflation rates.

The primary factors driving these cost increases are inflation and labor costs. The survey data and additional resources are now available on CareScout.com/cost-of-care, featuring interactive tools for calculating median long-term care costs, state-by-state comparisons, and access to CareScout's Quality Network of care providers.

Il sondaggio sui costi delle cure 2024 di Genworth e CareScout rivela che i costi delle cure a lungo termine in Nebraska sono aumentati di anno in anno, rimanendo in linea con le medie nazionali. Il sondaggio indica una continua tendenza al rialzo delle spese per le cure a lungo termine in tutto il paese, con la maggior parte degli aumenti che supera i tassi di inflazione.

I principali fattori che guidano questi aumenti dei costi sono l'inflazione e i costi del lavoro. I dati del sondaggio e ulteriori risorse sono ora disponibili su CareScout.com/cost-of-care, che offre strumenti interattivi per calcolare i costi medi delle cure a lungo termine, confronti tra stati e accesso alla Rete di Qualità dei fornitori di cure di CareScout.

La Encuesta de Costos de Cuidado 2024 de Genworth y CareScout revela que los costos de cuidado a largo plazo en Nebraska han aumentado año tras año, mientras que se mantienen consistentes con los promedios nacionales. La encuesta indica una tendencia ascendente continua en los gastos de cuidado a largo plazo en todo el país, 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 de la encuesta y recursos adicionales ya están disponibles en CareScout.com/cost-of-care, que cuenta con herramientas interactivas para calcular los costos medianos de cuidado a largo plazo, comparaciones estado por estado y acceso a la Red de Calidad de proveedores de cuidado de CareScout.

Genworth와 CareScout의 2024년 장기 요양 비용 조사에 따르면, 네브래스카의 장기 요양 비용이 매년 증가하고 있으며, 이는 전국 평균과 일치하고 있습니다. 이 조사는 전국적으로 다양한 요양 유형의 장기 요양 비용이 계속해서 상승하는 추세를 보이고 있으며, 대부분의 증가가 인플레이션율을 초과하고 있음을 나타냅니다.

이러한 비용 증가를 촉진하는 주요 요인은 인플레이션과 인건비입니다. 조사 데이터와 추가 자료는 이제 CareScout.com/cost-of-care에서 확인할 수 있으며, 여기에는 주별 비교 및 CareScout의 질적 네트워크에 대한 접근과 함께 장기 요양 비용의 중간값을 계산하는 대화형 도구가 포함되어 있습니다.

Le sondage sur le coût des soins 2024 de Genworth et CareScout révèle que les coûts des soins de longue durée dans le Nebraska ont augmenté d'année en année, tout en restant conformes aux moyennes nationales. Le sondage indique une tendance à la hausse continue des dépenses de 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 la main-d'œuvre. Les données de l'enquête et des ressources supplémentaires sont désormais disponibles sur CareScout.com/cost-of-care, avec des outils interactifs pour calculer les coûts médians des soins de longue durée, des comparaisons état par état et l'accès au Réseau de Qualité des prestataires de soins de CareScout.

Die Kostenumfrage 2024 von Genworth und CareScout zeigt, dass die Kosten für die Langzeitpflege in Nebraska von Jahr zu Jahr gestiegen sind, während sie im Einklang mit den nationalen Durchschnittswerten bleiben. Die Umfrage weist auf einen anhaltenden Aufwärtstrend der Langzeitpflegeausgaben in verschiedenen Pflegearten im ganzen Land hin, wobei die meisten Anstiege die Inflationsraten übertreffen.

Die Hauptfaktoren, die diese Kostensteigerungen antreiben, sind Inflation und Arbeitskosten. Die Umfragedaten und zusätzliche Ressourcen sind jetzt auf CareScout.com/cost-of-care verfügbar, die interaktive Werkzeuge zur Berechnung der mittleren Langzeitpflegekosten, staatenweise Vergleiche und Zugang zu CareScout's Qualitätsnetzwerk von Pflegeanbietern bieten.

Positive
  • Launch of comprehensive interactive cost planning tools on CareScout.com
  • Introduction of CareScout Quality Network for verified high-quality care providers
Negative
  • Long-term care costs increasing above inflation rates
  • Rising labor costs impacting service expenses

RICHMOND, Va.--(BUSINESS WIRE)-- The cost of long-term care services in Nebraska increased year-over-year, but remains on par with national costs, according to the 2024 Cost of Care Survey conducted by Genworth and CareScout.

“Genworth and CareScout are committed to helping our customers in Nebraska create person-centered plans for how they want to receive care as they age,” said Jamala Arland, President & CEO, Genworth U.S. Life Insurance. “That means integrating a person’s values, preferences, and goals into the care they receive. The Cost of Care Survey is a great resource for individuals starting to create a plan, who want to learn more about different care types and see how costs may grow over time.”

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 Nebraska compares with national trends and the previous year:

Annual Median Cost of Long-Term Care for Nebraska

 

Nebraska

National

Care Category

2024 Annual Cost

Change Since 20236

State Rank (High/Low) 7

2024 Annual Cost

Change Since 2023

Homemaker Services

$80,0802

3%

23

$75,504

10%

Home Health Aide

$82,368 2

3%

22

$77,792

3%

Adult Day Care

$45,4353

n/a8

 

$26,000

n/a8

Assisted Living Communities1

$61,416 4

-5%

40

$70,800

10%

Nursing Home
Semi-Private Room

$100,5585

10%

40

$111,325

7%

Nursing Home
Private Room

$120,450 5

24%

32

$127,750

9%

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:

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 Richmond, Virginia, Genworth and its CareScout businesses provide guidance, products, and services that help people understand their caregiving options and fund their long-term care needs. Genworth is also the parent company and majority-owner of publicly traded Enact Holdings, Inc. (Nasdaq: ACT), a leading U.S. mortgage insurance provider.

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 California
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.

Media Contact:

Ryan Clark

ryan.clark@genworth.com

Source: Genworth Financial, Inc.

FAQ

How much did long-term care costs increase in Nebraska in 2024?

The exact percentage increase is not specified in the press release, but costs increased year-over-year while remaining comparable to national averages.

What are the main factors driving long-term care cost increases in Nebraska?

The primary factors contributing to increased costs are inflation and labor costs.

Where can I find Genworth's 2024 Cost of Care Survey data?

The survey data is available at CareScout.com/cost-of-care, featuring interactive tools and resources.

What resources does CareScout's new platform offer for long-term care planning?

The platform offers cost calculation tools, state median data comparisons, a quality provider network, aging care planning guides, and information about funding long-term care.
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