Long-term care costs in Virginia mostly rise

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.

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Not all costs went up. The median cost for assisted living facilities dropped 1.25 percent to $53,415.

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Information from: Richmond Times-Dispatch, http://www.richmond.com

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