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The Cost of Care

Results of Prudential's fourth biannual Long-Term Care Cost Study, which tracks cost trends and consumer perceptions surrounding the long-term care category.

By Stewart Schley | Updated on November 24, 2010
If you spent a day in a private room at an average U.S. nursing home in 2010, you would have racked up a bill for $247 – 14% more than you would have paid in 2008, and 47% more than the same level of care cost in 2004. If you stayed for a year, your bill would have amounted to $90,155.

That’s according to Prudential’s fourth biannual Long-Term Care Cost Study, which tracks cost trends and consumer perceptions surrounding the long-term care category.

In association with adult care specialist LifeCare, the Prudential study evaluated findings based on 1,714 telephone interviews with representatives from nursing homes, assisted living facilities and other providers from 75 metro areas, along with 1,000 online surveys of consumers.

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