STATISTICS

"The average cost of a nursing home stay in the United States is $168 per day for a private room and the cost of a home health care aide averages $18 per hour nationally."
MetLife Mature Market Institute, 4/2002

"Studies indicate that the average nursing home stay is two and a half years.  The projected average cost for one person is $61,320 per year or $153,300 for the average nursing home stay."
MetLife Mature Market Institute, 4/2002

"Currently, 6.4 million people aged 65 and older need long-term care; one in two over age 85 require care and assistance with the activities of daily living." 
MetLife Mature Market Institute, 4/2002

"Six of every 10 Americans who reach age 65 eventually need some long-term care services."
The Federal Long Term Care Insurance Program. (n.d.).  Frequently Asked Questions.  In The Federal Program.  Retrieved 12/2002

In 2000, long term care spending, public and private, totaled $137 billion.
The Federal Long Term Care Insurance Program. (n.d.). Overview.  In The Federal Program.  Retrieved 12/2002

Long-term/Elder Care    Long-term/Elder Care FAQ