Health Expenditures

National long-term care spending hits all-time high at $163 billion

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Americans spent nearly $163 billion on nursing care facilities and continuing care retirement communities in 2016, according to a new federal report.

Expenditures on nursing home, CCRC care projected to rise 69% over next decade

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Spending on nursing care and continuing care retirement communities is expected to roughly keep pace with total U.S. healthcare spending during the next decade, according to a government report released Wednesday.