US News, May 11,  2011

Although long-term care costs in nursing homes and assisted living facilities continued to rise last year, in-home care costs did not increase at all, and have risen very little in the past six years, according to the 2011 Cost of Care Survey sponsored by Genworth Financial, a provider of long-term care insurance.

“Home care rates have remained flat in part because of increased competition among agencies and the availability of unskilled labor, and by avoiding costs associated with maintaining stand-alone health care facilities,” the survey said. Most consumers prefer to receive care in their homes, and Genworth noted that more than two-thirds of its initial long-term care insurance claims are for in-home benefits.  Read Article