Costs of Eldercare
Circle Center Adult Day Services charges $64 per day ($6.40 per hour). In-home nurses charge $17-20 per hour. Assisted living and nursing homes charge by the month ($2000-$6000).
TYPE OF CARE COST PER DAY COST PER YEAR Adult Day Services $64 (10 hours/day, 4 days) $16,640 In-home Nursing Care $170 (10 hours, 5 days) $44,200 Assisted Living or Adult Community $193 (25 hours, 7 days) $24,100-$47,450 Nursing Home NA $70,445
Circle Center funding sources include:
- Private fees for service, paid by families and participants
- Long term care insurance reimbursements
- Medicaid
- Allocations and donor designations from the United Way of Greater Richmond & Petersburg
- Senior Connections fee for service funding for qualified participant
- Area foundations
- Corporations
- Faith communities
- Civic and service groups
- Individual donors
- Center special events
Daily, Monthly and Annually Comparable Costs of Eldercare
References:
The MetLife Market Survey of Adult Day Services & Home Care Costs September 2008
Genworth 2009 Cost of Care Survey