The costs of care for people in their homes, in nursing homes and in assisted-living facilities all rose in Idaho over the past five years, according to a yearly survey by Genworth, a company that provides long-term care insurance.
"There are many factors that go into rising care costs, from the number of available skilled professionals to real estate prices," said Pat Foley, president of distribution and marketing for Genworth, in a press release about the survey results.
In Idaho, the median annual cost of homemaker and home health-aide services is $42,328, and for the Treasure Valley it is $44,616, the company said. That is calculated based on 44 hours per week of care, over 52 weeks. Those costs did not increase over the past five years for the Treasure Valley, but rose 2 percent statewide, compared with 1 percent nationwide.
The median annual cost for a single private room in an assisted living facility is $38,370 in Idaho, $39,000 for the Treasure Valley; and in a nursing home it is $86,505 for Idaho, $81,943 in the Treasure Valley, the company said. Those rates were calculated for a full year based on monthly and daily rates.
The cost for assisted-living care rose 1 percent in the Treasure Valley, 3 percent statewide and 4 percent nationwide over the past five years. For nursing homes, the rates went up for a private room by 4 percent in the Treasure Valley, 5 percent statewide and 4 percent nationwide.
"Since we first did this study, we have seen a steady move away from traditional nursing home care to less expensive options that include in-home care, assisted care facilities and adult day care," said Bob Bua, vice president of Genworth and business leader of its wholly owned subsidiary, CareScout.