Clicking on the links below will direct you to external websites. The resources listed have been linked to and with permission from their respective owners.
- Long-Term Care Costs across the Nation (Courtesy of Genworth Life Insurance Company)
Tax Infomation
Consumer Educational Materials
Our philosophy is simple – to protect families from the financial and emotional burdens associated with long term care. Experiencing the need for long term care can be the biggest risk to your client’s retirement savings and may have a significant impact on their family’s future financial security.
Nationwide costs for long-term care
The 2025 national median monthly cost for a private room in a skilled nursing center is $10,965 a month, or $131,583 annually.1
- 59% of caregivers and 49% of care recipients who had long-term care insurance reported feeling significantly less stressed than non-owners of long-term care insurance.2
- According to AARP, on average, family caregivers spend $7,242 annually on caregiving-related expenses, amounting to 26% of their own income. This $7,242 is out-of-pocket and does not include the cost of the facility care.3
- Because women tend to outlive their partners (who could potentially act as caretakers), they are also more likely to end up in nursing homes than men are. In fact, more than 70% of nursing home residents are women, according to the American Association for Long-Term Care Insurance.4
From in-home care to nursing home costs, the cost of long-term care may vary greatly depending on where you live.
- Genworth’s 2025 Cost of Care Survey results were conducted by CareScout, 2024. The results are based on median annual costs, which vary among states.
- Genworth’s 2015 Cost of Care Survey, conducted by CareScout , April, 2015….the information is based on median annual costs, which vary among states.
- AARP statement taken from www.caring.com May, 2025
- InsuranceNewsNet Magazine, May, 2025
Organizations & Associations
- www.aaltci.org AALTCi (American Association of Long-Term Care Insurance)
- www.alz.org (Official site of the Alzheimer’s Association)
Government Resources
- www.cms.gov (Centers for Medicare & Medicaid Services)
- www.medicare.gov (Official website for Medicare.)
Care Provider Resources
- www.caregiving.org (This site is offered by the non-profit National Alliance for Caregiving. It provides links to professional organizations in the caregiving field.)
- www.carescout.com (Provides vacancy listings and quality ratings for over 46,000 nursing homes and other facilities.)
- www.livingto100.com (The Living to 100 Life Expectancy Calculator uses the most current and carefully researched medical and scientific data in order to estimate how old you will live to be.)