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The cost of nursing home care in Sacramento increased 44% since 2004. Sacramento saw the greatest cost increase among major California cities, according to a survey by Genworth Financial. Costs increased 19% in Los Angeles, 12% in San Francisco, 21% in Oakland, 9% in San Diego, 9% in San Jose, 17% in Santa Ana, and 28% throughout the rest of the state. This compares to a 17% increase nationwide. For the first time, the survey includes adult day healthcare costs.
The nationwide, costs for long-term care in nursing homes, assisted living facilities, and care in the home increased for the fifth consecutive year. One year in a private nursing home costs $100,101 in San Francisco, $76,459 in Los Angeles, $92,740 in Oakland, $92,094 in Sacramento, and $86,934 in Santa Ana. The annual cost for a room in a private nursing home runs $82,560 a year in San Diego and $89,973 in San Jose compared to state averages of $72,919.
The national average for a year in a private nursing home is $76,460, which is more than one and a half times the average annual household income in the United States. Most long-term care services in this country are rising at a rate faster than inflation because the cost of providing this type of care continues to rise.
In another recent study, Genworth found an imminent shortage of caregivers. The U.S. will need to recruit 200,000 new direct-care workers each year to meet future demand among the 78 million Baby Boomers as they age. Meanwhile, the caregiver workforce is dwindling.
Additional findings from the 2008 Cost of Care Survey include the following:
- Assisted Living: A private one-bedroom unit in an assisted living facility in the U.S. has an average annual cost of $36,090. In California, the average annual costs are as follows: Los Angeles: $39,815; Oakland: $38,358; Sacramento: $32,591; Santa Ana: $40,543; San Diego: $35,061; San Francisco: $44,011; San Jose: $31,183; and Rest of state: $35,870.
- Home Care: Nationally, the average hourly rate for a non-Medicare certified, state licensed home health aide is $19.18, a cost that translates into $43,884 per year for 44 hours per week of care. Costs in California are as follows: Los Angeles: $19.20 per hour, or $43,930 per year; Oakland: $22.23 per hour, or $50,862 per year; Sacramento: $20.98 per hour, or $48,002 per year; Santa Ana: $19.90 per hour, or $45,531 per year; San Diego: $20.79 per hour, or $47,568 per year; San Francisco: $23.93 per hour, or $54,752 per year; San Jose: $23.58 per hour, or $53,951 per year; and Rest of state: $20.71 per hour, or $47,384 per year.
- Adult Day Healthcare: The average annual cost for five days a week in an adult day healthcare facility is $15,236 nationally. The comparable costs in California are: Los Angeles: $19,950; Oakland: $25,314; Sacramento: $19,006; Santa Ana: $20,238; San Diego: $20,545; San Francisco: $19,100; San Jose: $16,835; and Rest of state: $18,923.
For more information, visit www.genworth.com.
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