In case you missed it, here are the top headlines grabbing readers’ attention this week, plus some other notable stories from around the web that caught our eye here at HHCN: Home Health Providers Nabbed in Historic, $712 Million Fraud Takedown — In an action that’s been deemed the “largest criminal health care fraud takedown” in the […]
Genworth
Campaigns to raise awareness of various senior care-related causes have attracted a fair share of celebrity spokespeople. Now, the push to help older adults age in place has a new, yet familiar face in Academy Award-winning actress Susan Sarandon. Sarandon, 68, last week launched the “Aging in Place” campaign with InnovAge, a non-profit senior care […]
Home care may be the cheapest care setting for aging Americans, but most baby boomers still aren’t confident they’ll be able to afford it in retirement, according to a recent survey by the Insured Retirement Institute (IRI), a nonprofit association. Only 19% of all boomers in the fifth annual survey reported being “extremely” or “very […]
The cost of home care services continues to grow more slowly than the cost of assisted living and nursing home care, according to newly released findings from insurance company Genworth. “This gradual increase in cost for home care is good news for many consumers,” the 2015 Cost of Care Survey report states, noting that most people […]
For seniors choosing between hiring a home health aide and entering assisted living, cost may not be much of a differentiator, newly released data suggest. The information reveals price tags for assisted living are comparable to those for in-home aides — and for both types of care, costs can vary significantly depending on location. A […]
Home health aide hourly rates are especially high in the Midwest, with Iowa being the most expensive state in the country, according to recently released findings from a cost of care study. The average hourly rate for a home health aide in Iowa was $30 in 2014, the study determined. It was conducted by LTCG, a […]
The cost of home health aide services varies across the country, and several states have much higher median annual costs than the national median of about $45,000, according to Genworth’s 2014 Cost of Care Survey. Long-term care costs are expensive across the board, with private and semi-private skilled nursing rooms typically costing the most on an annual […]
While long-term care costs are growing across the board, the rate of growth for home care isn’t as fast as for institutional care, finds the latest Genworth report on senior care prices. The bad news: care costs are steadily rising across the board. The good news: home care costs aren’t growing quite as fast as […]
While the cost of care among facility-based senior care providers has steadily increased in the past five years, costs for in-home services have trended flat, according to the Genworth 2013 Cost of Care Survey. The national median hourly rate for licensed homemaker services is up just 1.39% to $18. Licensed home health aide services have a […]
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