Genworth Releases Cost of Care Survey Results for 2023: Twenty Years of Tracking Long-Term Care Costs
The cost of long-term care services increased across all provider types and increased more substantially for certain settings, according to Genworth’s Cost of Care Survey 2023.
- The cost of long-term care services increased across all provider types and increased more substantially for certain settings, according to Genworth’s Cost of Care Survey 2023.
- Inflation and the shortage of skilled care workers are the core drivers of increases in the costs of care services.
- Genworth, in partnership with CareScout, a wholly owned subsidiary of Genworth Financial, Inc., has been conducting its Cost of Care Survey since 2004.
- Cost of Care Survey tool , an interactive web-based tool to help calculate the median cost of long-term care services in your area.