Nursing home, assisted living rates continue to rise

According to the Metlife Market Survey of Long-Term Care Costs, nursing home and assisted living rates have been on a steady incline since 2009.

There has been a 4.6 percent increase in private room nursing home rates, raising to $229 per day or $83,585 per year, with the highest average daily rates in Alaska, where rates are now $687 for a private room and $610 for a semi-private room. Costs are lowest in Louisiana, outside the Baton Rouge and Shreveport areas, at an average of $138 per day for a private room.

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