Long-Term Care Costs Increase in West Virginia, Exceeding National Costs
Long-term care costs in West Virginia have shown a significant increase, surpassing national averages according to the 2024 Cost of Care Survey by Genworth and CareScout. The survey reveals that costs across various care types continue to rise, with increases outpacing inflation rates.
The primary factors driving these cost increases are inflation and labor costs. The survey data and resources are now accessible at CareScout.com/cost-of-care, featuring interactive tools to calculate median costs of long-term care services by area, state-level data comparisons, and access to the CareScout Quality Network of vetted care providers.
The platform also offers comprehensive resources including aging care planning guides, information about long-term care funding options, and insights into person-centered care approaches.
I costi per la cura a lungo termine in Virginia Occidentale hanno mostrato un aumento significativo, superando le medie nazionali secondo il 2024 Cost of Care Survey di Genworth e CareScout. Il sondaggio rivela che i costi per vari tipi di assistenza continuano a crescere, con aumenti che superano i tassi di inflazione.
I principali fattori che guidano questi aumenti di costo sono l'inflazione e i costi del lavoro. I dati e le risorse del sondaggio sono ora accessibili su CareScout.com/cost-of-care, con strumenti interattivi per calcolare i costi mediani dei servizi di assistenza a lungo termine per area, confronti di dati a livello statale e accesso alla Rete di Qualità CareScout di fornitori di assistenza selezionati.
La piattaforma offre anche risorse complete tra cui guide alla pianificazione della cura per gli anziani, informazioni sulle opzioni di finanziamento per la cura a lungo termine e approfondimenti sugli approcci di assistenza centrati sulla persona.
Los costos de atención a largo plazo en Virginia Occidental han mostrado un aumento significativo, superando los promedios nacionales según la Encuesta de Costos de Atención 2024 de Genworth y CareScout. La encuesta revela que los costos en varios tipos de atención continúan en aumento, 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 recursos de la encuesta ya están disponibles en CareScout.com/cost-of-care, con herramientas interactivas para calcular los costos medianos de los servicios de atención a largo plazo por área, comparaciones de datos a nivel estatal y acceso a la Red de Calidad CareScout de proveedores de atención verificados.
La plataforma también ofrece recursos completos que incluyen guías de planificación de atención para personas mayores, información sobre opciones de financiamiento para la atención a largo plazo y perspectivas sobre enfoques de atención centrados en la persona.
장기 요양 비용이 웨스트 버지니아에서 상당한 증가를 보이며, 2024년 요양 비용 조사에 따르면 전국 평균을 초과했습니다. 조사에 따르면 다양한 요양 유형의 비용이 계속해서 증가하고 있으며, 이 증가율은 인플레이션율을 초과하고 있습니다.
이러한 비용 증가를 이끄는 주요 요인은 인플레이션과 인건비입니다. 조사 데이터 및 리소스는 이제 CareScout.com/cost-of-care에서 접근할 수 있으며, 지역별 장기 요양 서비스의 중간 비용을 계산하는 인터랙티브 도구, 주별 데이터 비교 및 검증된 요양 제공자의 CareScout 품질 네트워크에 대한 접근을 제공합니다.
이 플랫폼은 또한 노인 요양 계획 가이드, 장기 요양 자금 옵션에 대한 정보 및 개인 중심의 요양 접근 방식에 대한 통찰력을 포함한 포괄적인 리소스를 제공합니다.
Les coûts des soins de longue durée en Virginie-Occidentale ont montré une augmentation significative, dépassant les moyennes nationales selon le Sondage sur le Coût des Soins 2024 de Genworth et CareScout. Le sondage révèle que les coûts dans divers types de soins continuent d'augmenter, 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 ressources du sondage sont désormais accessibles sur CareScout.com/cost-of-care, avec des outils interactifs pour calculer les coûts médians des services de soins de longue durée par région, des comparaisons de données au niveau des États et un accès au Réseau de Qualité CareScout de fournisseurs de soins vérifiés.
La plateforme propose également des ressources complètes, y compris des guides de planification des soins aux personnes âgées, des informations sur les options de financement des soins de longue durée et des perspectives sur les approches de soins centrées sur la personne.
Die Kosten für die Langzeitpflege in West Virginia haben einen signifikanten Anstieg gezeigt und übersteigen die nationalen Durchschnittswerte laut der 2024 Cost of Care Survey von Genworth und CareScout. Die Umfrage zeigt, dass die Kosten in verschiedenen Pflegearten weiter steigen, wobei die Zuwächse die Inflationsraten übertreffen.
Die Hauptfaktoren, die diese Kostensteigerungen antreiben, sind Inflation und Arbeitskosten. Die Umfragedaten und Ressourcen sind jetzt auf CareScout.com/cost-of-care verfügbar und bieten interaktive Werkzeuge zur Berechnung der mittleren Kosten für Langzeitpflegedienste nach Region, staatliche Datenvergleiche und Zugang zum CareScout-Qualitätsnetzwerk von geprüften Pflegeanbietern.
Die Plattform bietet auch umfassende Ressourcen, darunter Leitfäden zur Pflegeplanung für Senioren, Informationen zu Finanzierungsmöglichkeiten für die Langzeitpflege und Einblicke in personenzentrierte Pflegeansätze.
- 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 West Virginia increasing above national average
- Care costs rising faster than 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 |
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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 |
|
|
48 |
|
|
Home Health Aide |
|
|
45 |
|
|
Adult Day Care |
|
n/a8 |
|
|
n/a8 |
Assisted Living Communities1 |
|
|
30 |
|
|
Nursing Home
|
|
|
12 |
|
|
Nursing Home
|
|
|
18 |
|
|
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/20250301294218/en/
Media Contact:
Ryan Clark
ryan.clark@genworth.com
Source: Genworth Financial, Inc.
FAQ
How much did long-term care costs increase in West Virginia for 2024?
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Where can I find Genworth's 2024 Cost of Care Survey data?
What resources does CareScout.com provide for long-term care planning?
