Copyright 2018 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 Tableau: Feds provide insight on data analytics 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 © 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.