Copyright 2019 Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
RICHMOND, Va. (AP) — A new study shows the price tag for long-term care in Virginia is rising.
The Richmond Times-Dispatch reports that a report shows the median annual cost of a private room in a nursing home went up nearly 7.7 percent to $102,200 from 2017 to 2018.
Costs for home health aides in Virginia also rose.
The survey was conducted by Genworth Financial. Senior Brand Marketing Manager Gordon Saunders said a shortage of skilled workers helped explain some of the price increases.
Insight by GitLab: Learn how agencies are implementing applications to work across hybrid cloud environments in this exclusive executive briefing.
Not all costs went up. The median cost for assisted living facilities dropped 1.25 percent to $53,415.
Information from: Richmond Times-Dispatch, http://www.richmond.com
Copyright © 2019 The Associated Press. All rights reserved. This website is not intended for users located within the European Economic Area.