Long-term care cost increases have slowed in recent years, but they started to speed up this year.
The average increase for six types of care rose 4.5% this year, according to CareScout, an arm of Richmond, Virginia-based Genworth Financial Inc.
The average rate of increase for 2017 is up from just 1.1% in 2016, and it’s up from a five-year average of 3%.
In 2016, changes in national median prices ranged from a decrease of 1.2%, for adult day care, to an increase of 2.6%, for homemakers, or aides who help people with tasks such as cooking and shopping.
This year, changes ranged from a 3% increase, for adult day care, to an increase of 6.2% for home health aide services.
A home health aide helps people with activities such as bathing, or transferring from a bed to a wheelchair.
The median national cost of the services of a home health aide is now $22 per hour.
CareScout bases the data in the report, which is available here, on a survey of 47,000 long-term care providers.