Costs of Eldercare

 

  

Adult Day Care is a hidden treasure in eldercare. Circle Center Adult Day Services charges $68 per day ($6.80 per hour for a 10 hour day). In-home nurses charge $17-20 per hour. Assisted living and nursing homes charge by the month ($2000-$6000). 

  

Annual Costs of Eldercare in Virginia

 

 Funding sources for Circle Center include:  

  

• Private fees for service, paid by families and participants  
• Long term care insurance reimbursements
• Veterans Administration Aid & Attendance benefits
• 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

  

References:

 

The MetLife Market Survey of Adult Day Services & Home Care Costs September 2010

Genworth 2011 Cost of Care Survey

 

 

 

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