Long-Term Care Costs Increase in Nevada, Exceeding National Costs
Genworth and CareScout have released their 2024 Cost of Care Survey revealing that long-term care costs in Nevada have increased year-over-year, surpassing national averages. The survey highlights a continued upward trend in long-term care expenses across various care types nationally, with most increases outpacing inflation rates.
The primary factors driving these cost increases are identified as inflation and labor costs. The survey data and resources are now accessible at CareScout.com/cost-of-care, featuring interactive tools to calculate median long-term care costs by area, state-level data comparisons, and access to CareScout's Quality Network of care providers.
Genworth e CareScout hanno pubblicato il loro Rapporto sui Costi di Assistenza 2024, rivelando che i costi dell'assistenza a lungo termine in Nevada sono aumentati anno dopo anno, superando le medie nazionali. Il rapporto evidenzia una continua tendenza al rialzo delle spese per l'assistenza 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 dei costi sono identificati come l'inflazione e i costi del lavoro. I dati e le risorse del rapporto sono ora accessibili su CareScout.com/cost-of-care, che offre strumenti interattivi per calcolare i costi medi dell'assistenza a lungo termine per area, confronti dei dati a livello statale e accesso alla Rete di Qualità dei fornitori di assistenza di CareScout.
Genworth y CareScout han publicado su Encuesta de Costos de Cuidado 2024, revelando que los costos de atención a largo plazo en Nevada han aumentado año tras año, superando los promedios nacionales. La encuesta destaca una tendencia al alza continua en los gastos 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 estos aumentos de costos se identifican como la inflación y los costos laborales. Los datos y recursos de la encuesta ahora están disponibles en CareScout.com/cost-of-care, que cuenta con herramientas interactivas para calcular los costos medianos de atención a largo plazo por área, comparaciones de datos a nivel estatal y acceso a la Red de Calidad de proveedores de atención de CareScout.
Genworth와 CareScout는 2024년 장기 요양 비용 조사를 발표하며, 네바다의 장기 요양 비용이 매년 증가하고 있으며, 전국 평균을 초과했다고 밝혔습니다. 이 조사는 여러 유형의 장기 요양 비용이 전국적으로 계속해서 상승하는 추세를 강조하고 있으며, 대부분의 증가가 인플레이션율을 초과하고 있습니다.
이러한 비용 증가를 주도하는 주요 요인은 인플레이션과 노동 비용으로 확인되었습니다. 조사 데이터와 자료는 이제 CareScout.com/cost-of-care에서 접근 가능하며, 지역별 장기 요양 비용의 중간값을 계산하는 대화형 도구, 주별 데이터 비교 및 CareScout의 품질 네트워크에 대한 접근을 제공합니다.
Genworth et CareScout ont publié leur Enquête sur le Coût des Soins 2024, révélant que les coûts des soins de longue durée dans Nevada ont augmenté d'année en année, dépassant les moyennes nationales. L'enquête met en évidence une tendance à la hausse continue des dépenses pour les soins de longue durée dans divers types de soins au niveau national, la plupart des 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 données et ressources de l'enquête sont désormais accessibles sur CareScout.com/cost-of-care, avec des outils interactifs pour calculer les coûts médians des soins de longue durée par région, des comparaisons de données au niveau des États et un accès au Réseau de Qualité des prestataires de soins de CareScout.
Genworth und CareScout haben ihre Kostenstudie zur Langzeitpflege 2024 veröffentlicht, die zeigt, dass die Kosten für Langzeitpflege in Nevada von Jahr zu Jahr gestiegen sind und die nationalen Durchschnittswerte übersteigen. Die Studie hebt einen fortwährenden Aufwärtstrend der Ausgaben für Langzeitpflege in verschiedenen Pflegearten auf nationaler Ebene hervor, wobei die meisten Steigerungen die Inflationsraten übertreffen.
Die Hauptfaktoren, die diese Kostensteigerungen antreiben, werden als Inflation und Arbeitskosten identifiziert. Die Umfragedaten und -ressourcen sind jetzt auf CareScout.com/cost-of-care verfügbar und bieten interaktive Werkzeuge zur Berechnung der medianen Langzeitpflegekosten nach Gebiet, staatliche Datenvergleiche und Zugang zum Qualitätsnetzwerk von CareScout.
- Launch of comprehensive interactive cost planning tools on CareScout.com
- Establishment of CareScout Quality Network for verified high-quality care providers
- Long-term care costs in Nevada increasing faster than national average
- Care costs continuing to outpace inflation rates
“Genworth and CareScout are committed to helping our care circle 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 |
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National |
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Care Category |
2024 Annual Cost |
Change Since 20236 |
State Rank (High/Low) 7 |
2024 Annual Cost |
Change Since 2023 |
Homemaker Services |
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18 |
|
|
Home Health Aide |
|
|
19 |
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|
Adult Day Care |
|
n/a8 |
|
|
n/a8 |
Assisted Living Communities1 |
|
|
23 |
|
|
Nursing Home
|
|
|
19 |
|
|
Nursing Home
|
|
|
19 |
|
|
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/20250301706518/en/
Media Contact:
Ryan Clark
ryan.clark@genworth.com
Source: Genworth Financial, Inc.
FAQ
How much have long-term care costs increased in Nevada for 2024?
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