LTC Resources: Dallas Offers Low Costs for Long Term Care!

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Long Term Care Insurance & Preventing Dementia

Dallas Offers Low Costs for Long Term Care

Recent survey reveals that the cost of long term care in Dallas is relatively very low. A private room at any care home in Dallas costs the occupant around 150 dollars a day. This average cost is lower by 26% than the national average of 203 dollars. The average cost in Austin is around 175 dollars, 14% higher than the cost in Dallas.

The findings by Genworth Financial further suggest that the average monthly rate for an assisted-living community in Dallas is 2788 dollars. The national average rate for the same is 2825 dollars.

The average monthly cost in Dallas is also lower than several other metropolitan areas. The assisted-living community has to pay 3,195 dollars in Houston, 2,895 dollars in San Antonio and 3,425 dollars in Austin as average monthly charges for long-tern care.

According to the findings of the survey, the annual increase in the charge of nursing home in Dallas has been the least since 2005. There has been an increase of only one percent annually in Dallas. On the other hand, there has been 7% rise in Austin, 5% in San Antonio while the national increase has been 4.3 percent.

Dallas Offers Low Costs for Long Term Care

At the same time, the survey suggests that the average charges in assisted-living have gone up to 3% in Dallas each year since 2005. The charges in this category have risen slower than the annual increase of 4.7% nationally. The Dallas increase in this category is also lower than other cities in Texas. Houston has increased by 12%, Austin has increased by 4% and San Antonio has increased by 9%.

Assisted-living and skilled care in Dallas

Assisted-living and skilled care in nursing sector seem to be less affected by the US economic recession as these things entirely depend on the health condition of the individuals. However, nursing care experts believe that the tendency of keeping the elderly people back at home might have worked for retarding the increase in the rates. The main reasons behind this tendency could be either personal or economic.

Nursing care experts in Dallas

Nursing care experts also believe that due to the economic downturn, families are now opting for home care instead of assisted-living with a view to lowering the expenses. However, the geriatric experts have warned people that hourly charges of homecare often surpass the monthly bill of assisted-living community.

According to the finding of Genworth Financial, the average hourly charges for homemaker services are 18 dollars. The hourly charges for Medicare certified health service are 25 dollars.

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LTC Resources: Working Adults Without Insurance On The Rise

ASSET PROTECTION

Help protect your savings from the costs of care NOT COVERED
by traditional insurances or Government programs, like Medicare.
It helps you choose where you receive care and avoid the nursing home!

OVERWHELMING STATISTICS
  • 40% receiving long-term care are working-age adults, ages of 18-64.*
  • About 70% over age 65 will need long-term care services in their
    lifetime. By 2020, this number is expected to exceed 12 million.*
WHY US?

Financially strong A.M Best rated insurers with low complaint ratios related to claims will send you quotes directly and promptly. You may also have access to instant rate quotes, and side by side plan comparisons. The service is free, and comes with no obligation. Your privacy is our highest priority.

DISCOUNTS AVAILABLE

Sample Long-Term Care Insurance Savings Opportunities

Up to 30% Spousal/Partner Discount

Up to 15% Preferred Health Discount

Up to 5% Small Business Discount

* Discounts are not cumulative and vary by state.

Find Local Doctors & Most Popular Plans

Financially strong A.M Best rated insurers with low complaint ratios related to claims will send you quotes directly and promptly. You may also have access to instant rate quotes, and side by side plan comparisons. The service is free, and comes with no obligation. Your privacy is our highest priority.

PLUS, Receive 2 FREE Books -
Long Term Care Insurance & Preventing Dementia

Dallas Offers Low Costs for Long Term Care

Recent survey reveals that the cost of long term care in Dallas is relatively very low. A private room at any care home in Dallas costs the occupant around 150 dollars a day. This average cost is lower by 26% than the national average of 203 dollars. The average cost in Austin is around 175 dollars, 14% higher than the cost in Dallas.

The findings by Genworth Financial further suggest that the average monthly rate for an assisted-living community in Dallas is 2788 dollars. The national average rate for the same is 2825 dollars.

The average monthly cost in Dallas is also lower than several other metropolitan areas. The assisted-living community has to pay 3,195 dollars in Houston, 2,895 dollars in San Antonio and 3,425 dollars in Austin as average monthly charges for long-tern care.

According to the findings of the survey, the annual increase in the charge of nursing home in Dallas has been the least since 2005. There has been an increase of only one percent annually in Dallas. On the other hand, there has been 7% rise in Austin, 5% in San Antonio while the national increase has been 4.3 percent.

Dallas Offers Low Costs for Long Term Care

At the same time, the survey suggests that the average charges in assisted-living have gone up to 3% in Dallas each year since 2005. The charges in this category have risen slower than the annual increase of 4.7% nationally. The Dallas increase in this category is also lower than other cities in Texas. Houston has increased by 12%, Austin has increased by 4% and San Antonio has increased by 9%.

Assisted-living and skilled care in Dallas

Assisted-living and skilled care in nursing sector seem to be less affected by the US economic recession as these things entirely depend on the health condition of the individuals. However, nursing care experts believe that the tendency of keeping the elderly people back at home might have worked for retarding the increase in the rates. The main reasons behind this tendency could be either personal or economic.

Nursing care experts in Dallas

Nursing care experts also believe that due to the economic downturn, families are now opting for home care instead of assisted-living with a view to lowering the expenses. However, the geriatric experts have warned people that hourly charges of homecare often surpass the monthly bill of assisted-living community.

According to the finding of Genworth Financial, the average hourly charges for homemaker services are 18 dollars. The hourly charges for Medicare certified health service are 25 dollars.

More Useful Links:


Next:

LTC Resources: Working Adults Without Insurance On The Rise