The cost of long-term care in Baton Rouge is rising at nearly triple the rate of inflation, but is still far below the national average, according to a new report. The median annual cost of a private room in a Baton Rouge nursing home is $49,206, according to Genworth Financial, which offers long-term care insurance. That’s a 6% rise over what the same room cost in 2005, ahead of the 4% increase in long-term care costs that happened nationally and the 2.3% inflation rate. Nationally, the annual cost for a private nursing home room is $74,208. A room in an assisted living center has a median annual cost of $25,200 in Baton Rouge, compared with $33,903 nationally.
Cost of long-term care on the rise in B.R., but below average
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