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Long-term care costs rise 3.3 percent in 2009

By Healthcare Finance Staff

Despite the economy and subsequent fall in market prices, the cost of long-term care has gone up, according to the 2009 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services and Home Care Costs.

According to the survey, private-room nursing home rates rose 3.3 percent to $219 per day or $79,935 per year, while assisted living also rose 3.3 percent on average to $3,131 per month. Home healthcare aides now cost an average of $21 per hour, a 5 percent increase, and adult day services run $67 per day, a 4.7 percent increase.