• Why Choose
    Our Firm?

    We limit the number of clients that we have at one time, allowing us to focus on your case.

    Personalized Representation
  • Know the
    Benefits

    Find out if you and your family can benefit from our elder law planning services!

    More Information
  • Dedicated & Experienced

    Our firm exclusively handles elder law concerns so your family can obtain peace of mind.

    Meet Your Attorney
  • Complimentary Consultation

    Let us help. Request your consultation today and we will be in touch.

    Contact Us Now

What Are the Costs of Long-Term Care Services In Your Community?

Wondering what the costs for long-term care services are in your community? The 2013 Genworth Cost of Care Survey (“Cost of Care Survey”) can give you an idea.

The Cost of Care Survey lets you look at the cost of various types of long-term care services by state and then by region within the state. Why would this information be important for you to know? Because according to the Cost of Care Survey, “at least 70% of people over 65 will need long term care services at some point in their lifetime”.

Given that the odds seem pretty high that you or someone you know may have a current or future need for some type of long-term care service, the next questions are what types of long-term care services are available, how much do they currently cost and how much are the costs increasing over time?

Using my state of Florida as an example, let’s take a look at what the Cost of Care Survey has to say. In Florida, the statewide median costs for three types of common long-term care services are:

Homemaker Services approximately $19.75/hour increase of 1% over past 5 years

Homemaker services are also known as companion services and include “hands off” help with things like cooking and other household tasks.

Assisted Living Community approximately $3,000/month increase of 3% over past 5 years

Assisted Living communities allow an individual to live somewhat independently in a room or an apartment in the community but receive on-site assistance with activities of daily living.

Skilled Nursing approximately $6,843/month increase of 4% over past 5 years

Skilled Nursing is the highest level of care or the level most people think of as the nursing home.

The actual cost of care will vary according to variables such as the region of your state that you live in, whether memory care is needed for dementia related assistance (more expensive) and whether you chose to stay in a private or semi-private room.

Although we all may not like to think of ourselves as ever needing these types of long-term care services, ignoring the possibility isn’t the answer. Awareness of the need to plan and then education as to the planning options can be the keys to helping you put a palatable and affordable plan in place for your future long-term care needs.

  • Why Choose
    Our Firm?

    We limit the number of clients that we have at one time, allowing us to focus on your case.

    Personalized Representation
  • Know the
    Benefits

    Find out if you and your family can benefit from our elder law planning services!

    More Information
  • Dedicated & Experienced

    Our firm exclusively handles elder law concerns so your family can obtain peace of mind.

    Meet Your Attorney
  • Complimentary Consultation

    Let us help. Request your consultation today and we will be in touch.

    Contact Us Now

Contact Us

Edwards Elder Law, P.A.
St. Petersburg Elder Law Attorney
Located at: 2510 1st Ave. N.,
St. Petersburg, FL 33713
View Map
Phone: (727) 755-5808
Website:
© 2017 All Rights Reserved.

Disclaimer

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.