Assisted Living Care Costs Increase 6.7% In 2018

Spurred by the continuing shortage of skilled labor in senior living, the costs to reside in assisted living in 2018 are nearly double last year’s rate, according to the latest Cost of Care Survey from insurer Genworth Financial (NYSE: GNW). Assisted living costs rose 6.67%, the highest spike among all care segments. AL costs increased … Continue reading Assisted Living Care Costs Increase 6.7% In 2018