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Life Health > Health Insurance > Health Insurance

LTCI Facts

By Staff Writer

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  • In 2020, 12 million older Americans will need long-term care.
  • $6,234: Average monthly cost for a private room in a nursing home, or $74,806 annually.
  • $2,714: Average monthly cost of living in an assisted living facility, or $32,572 annually.
  • $2,672: Average monthly cost of living in a not-for-profit continuing care retirement community, or $32,064 annually.
  • $36 billion: Amount employees who are unpaid caregivers for their loved ones cost U.S. businesses annually in lost productivity.

Source: AAHSA

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