RICHMOND, Va. (AP) - The cost of home and long-term health care is increasing in Virginia and is rising faster than national levels in some cases.
A Genworth Financial survey shows the hourly rate for home health care is $18 in Virginia, an increase of about 2% a year over the past five years. Nationally, the rate is $19, but has only increased 1% a year during the same period.
In Virginia, the annual cost of an assisted living facility is $41,775, an increase of nearly 6% annually over the past five years. The national average is $39,600 and has increased at about the same rate.
The cost of a private nursing home room has risen 5.5% annually over the past five years in Virginia to $82,125. Nationally it's $81,030.
