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HCBS: 2012 Genworth Report Shows Minimal Increase In Costs

by Published On: Apr 18, 2012Updated On: Apr 14, 2014
Genworth

The Genworth 2012 Cost of Care Survey showed that the cost of in-home care services has remained relatively flat.

Home care rates have remained flat in part because of increased competition among agencies and the availability of unskilled labor, and because the companies that provide these types of services do not incur the costs associated with maintaining stand-alone health care facilities.

2012 Cost of Care Survey findings

  • The national median hourly rate for licensed “homemaker services”— also known as “personal care” or “companions”— is $18, the same as 2011, with a 5-year annual growth of 1.15%.

  • Licensed home health aide services, at an average of $19 an hour, remained unchanged from last year as well, and have only grown 1.09% more expensive since 2007.

  • Alaska tops the list for highest annual cost of “homemaker services,” at $55,484 a year, followed by Hawaii ($50,336) and Washington state ($49,192), compared to a national average of $41,184 a year.

  • Hawaii and Minnesota ring in at number one in the nation for highest annual cost of home health aide services, at $57,772 a year, followed by Alaska ($56,628) and North Dakota ($54,775), compared to a national average of $43,472.

  • The national median daily rate for adult day health care was $61, a 1.67% increase from 2011
 



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