The cost of assisted living was up 38% in RI last year.
According to a comprehensive national survey by Genworth Financial, long-term care costs were up in most out-of-the-home settings and are uniformly well above national levels:
| RI Cost | U.S. Cost | RI Premium | RI Rank | RI 2020-2021 Increase | U.S. 2020-2021 Increase | |
|---|---|---|---|---|---|---|
| Homemaker Services | $68,640 | $59,488 | 15% | 12th | 3% | 11% |
| Home Health Aide | $71,500 | $61,776 | 16% | 7th | 1% | 13% |
| Adult Day Health Care | $21,580 | $20,280 | 6% | 23rd | 11% | 5% |
| Assisted Living Facilities | $81,915 | $54,000 | 52% | 3rd | 38% | 5% |
| Nursing Home: Semi-Private Room | $113,150 | $94,900 | 19% | 19th | 9% | 2% |
| Nursing Home: Private Room | $120,450 | $108,405 | 11% | 20th | -2% | 2% |
Keep in mind that these were the increases and costs before the state began enforcing legislation making Rhode Island’s minimum staffing mandates for nursing homes perhaps the most extreme on the planet. Those six-figure costs in Rhode Island at the bottom of the table are sure to explode in this year’s version of the survey.
Featured image by Matthew Bennett on Unsplash.
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