Genworth Financial, Inc. reports developments across an insurance holding company built around Enact, its publicly traded mortgage insurance subsidiary, and a Closed Block of long-term care insurance, life insurance and annuity products. Recurring updates cover quarterly results, investment gains and losses, reserve impacts, capital returns from Enact, share repurchases and the management of legacy insurance obligations.
Company news also follows CareScout, Genworth’s wholly owned platform for aging and long-term care navigation. CareScout updates include its Quality Network of home care providers, personalized Care Plans, long-term care insurance offerings and the completed Seniorly acquisition, which added senior living community resources and advisor-network capabilities.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Washington state have increased year-over-year, surpassing 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. To help families navigate these rising expenses, CareScout has launched a comprehensive resource platform at www.CareScout.com/cost-of-care, featuring interactive tools for calculating median care costs, state-by-state comparisons, and access to their Quality Network of long-term care providers.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Iowa have increased year-over-year, while remaining comparable to national averages. The survey indicates 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 inflation and labor costs. The survey data and resources are now accessible at www.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 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.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Alabama have increased year-over-year, though remaining below national averages. The survey highlights a continued upward trajectory in long-term care costs across various care types nationwide, with most increases outpacing inflation rates.
Key factors driving the cost increases include 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 funding long-term care services.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in South Dakota have increased year-over-year, surpassing national averages. The survey highlights a continued upward trend in long-term care expenses across various care types nationwide, with most increases outpacing inflation rates.
Key factors driving the cost surge include inflation and labor costs. The survey data and resources are now accessible at www.CareScout.com/cost-of-care, featuring interactive tools to calculate median costs, state-by-state comparisons, and access to the CareScout Quality Network of vetted care providers.
The platform also offers comprehensive resources for aging care planning, payment options for long-term care services, and guidance on person-centered care approaches.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in California have increased year-over-year, surpassing 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 information about the CareScout Quality Network of care providers.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Alaska have increased year-over-year, surpassing national averages. The survey indicates 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 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.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Michigan have increased year-over-year, while remaining comparable to national averages. The survey indicates a continued upward trend in long-term care expenses across various care types nationally, with most increases exceeding 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.
CareScout, a Genworth company with over 50 years of expertise in long-term care, aims to help families understand, locate, and finance quality long-term care services through their comprehensive online platform.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Utah have increased year-over-year, maintaining parity with national trends. The survey highlights a continued upward trajectory in long-term care expenses across various care types, with most increases outpacing inflation rates.
Key factors driving the cost surge include inflation and labor costs. The survey data and resources are now accessible at www.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.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Colorado have increased year-over-year, surpassing national averages. The survey indicates 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 inflation and labor costs. The survey data and resources are now available on 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.
The platform also offers comprehensive resources including aging care planning guides, information on long-term care funding options, and insights into person-centered care approaches.