Long-Term Care Costs Increase in Rhode Island, Exceeding National Costs
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Rhode Island have increased year-over-year, surpassing national averages. The survey indicates that costs across various care types continue to rise nationally, with increases outpacing inflation rates.
The primary factors driving these cost increases are 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 financing long-term care services.
Il sondaggio sui costi dell'assistenza 2024 di Genworth e CareScout rivela che i costi dell'assistenza a lungo termine nel Rhode Island sono aumentati anno dopo anno, superando le medie nazionali. Il sondaggio indica che i costi per vari tipi di assistenza continuano a salire a livello nazionale, con aumenti che superano i tassi di inflazione.
I principali fattori che guidano questi aumenti dei costi sono l'inflazione e i costi del lavoro. I dati e gli strumenti del sondaggio sono ora accessibili su CareScout.com/cost-of-care, con strumenti interattivi per il calcolo dei costi, confronti stato per stato e risorse per la pianificazione dell'assistenza a lungo termine.
CareScout, una compagnia 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 anziani e informazioni sul finanziamento dei servizi di assistenza a lungo termine.
La encuesta sobre los costos de atención 2024 de Genworth y CareScout revela que los costos de atención a largo plazo en Rhode Island han aumentado año tras año, superando los promedios nacionales. La encuesta indica que los costos de varios tipos de atención continúan aumentando a nivel nacional, con incrementos que superan 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 son accesibles en CareScout.com/cost-of-care, con herramientas interactivas de cálculo de costos, comparaciones estado por estado y recursos para la planificación de 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 CareScout Quality Network, guías de planificación de atención para personas mayores e información sobre el financiamiento de servicios de atención a largo plazo.
Genworth와 CareScout의 2024년 장기 요양 비용 조사에 따르면, 로드아일랜드의 장기 요양 비용이 해마다 증가하여 전국 평균을 초과하고 있습니다. 조사에 따르면, 다양한 요양 유형의 비용이 전국적으로 계속 상승하고 있으며, 증가율이 인플레이션율을 초과하고 있습니다.
이러한 비용 증가를 주도하는 주요 요인은 인플레이션과 인건비입니다. 조사 데이터와 도구는 이제 CareScout.com/cost-of-care에서 접근 가능하며, 대화형 비용 계산 도구, 주별 비교 및 장기 요양 계획을 위한 자원을 제공합니다.
CareScout는 50년 이상의 장기 요양 전문성을 가진 Genworth의 회사로, CareScout 품질 네트워크, 노인 요양 계획 가이드, 장기 요양 서비스 자금 조달에 대한 정보를 포함한 추가 자원을 제공합니다.
Le sondage sur le coût des soins 2024 de Genworth et CareScout révèle que les coûts des soins de longue durée dans Rhode Island ont augmenté d'année en année, dépassant les moyennes nationales. Le sondage indique que les coûts pour divers types de soins continuent d'augmenter au niveau national, avec des hausses 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 maintenant accessibles sur CareScout.com/cost-of-care, avec 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, y compris le CareScout Quality Network, des guides de planification des soins aux personnes âgées et des informations sur le financement des services de soins de longue durée.
Die Kostenstudie 2024 von Genworth und CareScout zeigt, dass die Kosten für die Langzeitpflege in Rhode Island im Jahresvergleich gestiegen sind und die nationalen Durchschnittswerte übersteigen. Die Studie zeigt, dass die Kosten für verschiedene Pflegearten landesweit weiter steigen, wobei die Erhöhungen die Inflationsraten übertreffen.
Die Hauptfaktoren, die diese Kostensteigerungen antreiben, sind Inflation und Arbeitskosten. Die Umfragedaten und -tools sind jetzt auf CareScout.com/cost-of-care zugänglich und bieten interaktive Kostenberechnungstools, bundesstaatliche Vergleiche und Ressourcen zur Planung der Langzeitpflege.
CareScout, ein Unternehmen von Genworth mit über 50 Jahren Erfahrung in der Langzeitpflege, bietet zusätzliche Ressourcen an, darunter das CareScout Quality Network, Leitfäden zur Pflegeplanung für ältere Menschen und Informationen zur Finanzierung von Langzeitpflegediensten.
- Launch of comprehensive interactive cost planning tools on CareScout.com
- Introduction of CareScout Quality Network for verified high-quality care providers
- Long-term care costs in Rhode Island increasing above national average
- Care costs outpacing general inflation rates
“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 |
|
|
15 |
|
|
Home Health Aide |
|
|
8 |
|
|
Adult Day Care |
n/a8 |
n/a8 |
|
|
n/a8 |
Assisted Living Communities1 |
|
|
14 |
|
|
Nursing Home
|
|
- |
18 |
|
|
Nursing Home
|
|
- |
20 |
|
|
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250301191691/en/
Media Contact:
Ryan Clark
ryan.clark@genworth.com
Source: Genworth Financial, Inc.
FAQ
How much have long-term care costs increased in Rhode Island for 2024?
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