Cost increases for Long-Term Care services

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0 height="100%"><tr> <td valign="top" width=170 BGCOLOR="#000099" TEXT="#F7F7FF" background="043aac00erkqpg.png"> <bR> <bR> <bR> <bR> <bR> <div> <B>(804) 744-8512</B></div> <bR> <bR> <bR> <bR> <div> <A HREF="long_term_care_insurance_plan_designs_for_free.htm" TARGET="_top" TITLE="Select Free Service"><U><B>Select Free Service</B></U></A></div> <bR> <bR> <bR> <div> <A HREF="long_term_care_insurance_solutions.htm" TARGET="_top" TITLE="Contact Us"><U><B>Contact Us</B></U></A></div> <bR> <bR> </td> <td valign="top" BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <FONT SIZE="5" COLOR="#000066" FACE="Arial" ><B>Long-term care funding solutions by Financial Strategies </B></FONT>     |     <A HREF="index.htm" TARGET="_top" TITLE="Longterm care funding solutions by Finan"><U>home</U></A></div> <div> <A HREF="long_term_care__long_term_care_insurance__insurance_quotes.htm" TARGET="_top" TITLE="Lack of Adult Day Care services"><U><IMG SRC="04111110.png" border=0 width="17" height="17" ALT="prev" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></U></A> <IMG BORDER="0" SRC="1x1.gif" HEIGHT="17" ALIGN="BOTTOM" HSPACE="0" VSPACE="0" WIDTH="17">     <IMG BORDER="0" SRC="1x1.gif" HEIGHT="17" ALIGN="BOTTOM" HSPACE="0" VSPACE="0" WIDTH="17"> <IMG BORDER="0" SRC="1x1.gif" HEIGHT="17" ALIGN="BOTTOM" HSPACE="0" VSPACE="0" WIDTH="17"></div> <div> <I>Cost increases for Long-Term Care services</I></div> <bR> <DIV ALIGN="LEFT"></DIV> <div> <B>Costs for Long-Term Care services rose an average of 2% to 7%</B></div> <bR> <div> <I>A</I><I>ssisted living</I> and <I>in-home</I> long term care costs <I>rose more sharply than nursing home care</I> costs this year, according to Genworth Financial Inc. </div> <div> <I><B>Assisted living increases</B></I> -- The average annual cost for a private 1-bedroom unit in an assisted living facility rose 7%, to $32,294, according to Genworth, Richmond, Va. </div> <div> <I><B>In-home care increases</B></I> -- The hourly rate for certified home care providers climbed 17%, to $36.22 per hour. The combined average hourly rate for in-home LTC provided by a home health aide shot up 13%, to $25.32 per hour. </div> <div> <I><B>Nursing facility care increases</B></I> -- The average annual cost for a private room in a nursing home rose to $70,912, or $194 a day, up just 2% from the 2005 figures, according to Genworth's study of Medicare-certified nursing homes. </div> <div> For semiprivate rooms, the annual cost also rose about 2%, to $62,532. </div> <bR> <div> The study, conducted by CareScout Inc., Wellesley, Mass., included more than 9,000 nursing homes, assisted living facilities and home care providers.<FONT SIZE="1" COLOR="#000000" FACE="Arial" > </FONT></div> <bR> </td> </tr></table></body>