Baygroup Insurance

Maryland's premier Long-Term Care insurance agency

home care

Transparency Regarding Long Term Care Financing

In terms of valuable life skills, it’s good to know how important (read: expensive) decisions are financed. We’re all familiar with the need to buy, or rent, a place to live. We know the responsibilities of purchasing or leasing a new car.

Genworth Releases 2017 Cost of Care Findings

Genworth has released its 2017 cost of care findings.

The national median hourly rate for homemaker services rings in at $21/hour. Meanwhile, the national median hourly rate for home health aide services is $22/hour. The median for adult day care is $70/day. While assisted living facilities will cost you $3,750/month. Lastly, nursing care for a private room will run a median average of $267/day, while a semi-private room is a daily rate of $235. 

More information can be found at the following link:

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