Thursday, January 8, 2015

The Cost of Long Term Care by State

Long term care cost depends on several factors like the state you live in, your age and the type of long-term care services you will need. Even if the rates vary, the cost of long term care is still above than the average income of an American. 

A number of states in the Midwest and the South such as Texas, Nebraska, Iowa, Arkansas and Alabama have cheaper rates on skilled care facility compared to other states. In addition to this, the Southern part of the United States is also cheaper when it comes to home care services.

A lot of people will require this type of care sooner or later since according to the US Department of Health and Human Services, about 70% of Americans who are 65 and above will require long term care. Due the looming increase in long term care costs, it is imperative to plan for long term care.

You can view the annual cost of long term care by state here:

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