RICHMOND, Va. (AP) — A new study shows the price tag for long-term care in Virginia is rising. The Richmond Times-Dispatch reports that a report shows the median annual cost of a private room in a nursing home went up nearly 7.7 percent to $102,200 from 2017 to 2018. Costs for home health aides in Virginia also rose.
The survey was conducted by Genworth Financial. Senior Brand Marketing Manager Gordon Saunders said a shortage of skilled workers helped explain some of the price increases. Not all costs went up. The median cost for assisted living facilities dropped 1.25 percent to $53,415.
