Mortgages and Finance

CVN Health - Of course, the cost of long term health care varies with the level of services and location. But on average cost of nursing home care in the US is right now about $56,000 per year. In some areas of the U.S. it is as high as $100,000 per year. Since the average length of a long-term care stay in a facility is 3.1 years, this represents an average cost of between $170,000 and $310,000.

In fact it is usually worse than that, because a nursing home stay comes after receiving home health care services for a considerable period of time. So your available funds will have been severely depleted even before dedicated long term care is required.

The cost of long term health care continues to rise more rapidly than ever. That makes it even more important to for people to think about long term health care. Long term health care insurance is a important service when you realize the facts, and that makes this one of the best insurance jobs currently available.