The cost of home care varies from region to region. The state of Massachusetts is a high-cost-of-living state, therefore pricing for home care is generally higher than some other areas.
The national average hourly cost of a Home Health Aide in the United States is roughly $27, according to the Genworth Financial 2021 Cost of Care Survey, which was conducted in 2020. That, however, is a national average.
The cost of living in Massachusetts is significantly higher than the national average, as is the expense of in-home care. In fact, Massachusetts is one of the most expensive cities for in-home senior care, with hourly rates average more than $40.
You get what you pay for when you choose Cranberry Home Care. The expertise and excellence of elderly in-home care are guaranteed by adhering to strict standards.
Cranberry Home Care’s caregivers have lovingly served hundreds of aging clients in Dartmouth, Massachusetts.
People are living longer and better lives than ever before as medical advances improve our wellness and longevity. Every day, 10,000 Baby Boomers reach the age of 65 in the United States. With a current life expectancy of 79 years, it is predicted that seven of every ten Baby Boomers will require some type of elder care at some point in their lives.
Various factors, such as the level of assistance required and also where you live, determine the cost of such care. If you reside in a high-cost-of-living area, you should expect to pay more than the national average for health-care costs.
Another factor to consider is inflation. Overall inflation was 8.5 percent in April 2022, according to the most recent government report. This rise is not limited to the items in the Index of Consumer Prices. However, important services such as elder home care have been impacted by increased operating costs.
Over the recent year, the national labor shortage has also contributed to rising healthcare costs. Taking into account all of these factors, Genworth Financial revealed that the cost of in-home care has climbed by 12.5% in the last year.
This page will lead you through the most current Genworth Financial Cost of Care Survey results. This is an annual poll that compiles the median countrywide costs of home healthcare, therefore it shows the data points from states with a much lower cost of living than Massachusetts.
Another critical point to notice is that the study was performed in 2020, prior to the supply chain problems, tight job markets, and other factors that contributed to our high inflation.
As a result, the predicted costs you will read are lower than current national and local costs. However, they will provide you with an estimate of elder care prices, and you may always contact us for a free assessment and quote.
Call the friendly and professional staff at Cranberry Home Care today.