Long-Term Nursing Care

Median cost of a private nursing home room now exceeds $87,000 a year, Genworth survey finds

Median cost of a private nursing home room now exceeds $87,000 a year, Genworth survey finds

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The median annual cost of a private nursing home room in the United States has increased to $87,600, according to the latest annual survey from insurance company Genworth. This represents a 4.4% increase from a year ago.