High Cost of Care Continues to Rise in Wisconsin
Posted by PKSD Law Firm on Jun 29, 2016 in Nursing Homes and Elder Rights
According to the recent Genworth 2016 Annual Cost of Care Study, the overall cost of long-term care in Wisconsin, including nursing homes, assisted living facilities, adult day services and home care, has increased from 2015.
The average cost for in-home care in the state can cost as much as $52,624 per year, which is a 7.14 percent increase over last year. That number, however, is still less expensive than for a nursing home.
The median cost for a private room in a Wisconsin nursing home is $102,204 dollars per year, which is a one percent increase over last year and is more expensive than the national average of $92,376.
The median cost for an assisted living facility in Wisconsin is $47,208, an increase of 1.16 percent over the previous year and slightly more than the $43,536 national average annual cost.
The study also identified increased cost of care in key metropolitan cities in the state. The cost of care in Milwaukee is approximately 14.28 percent more expensive than the state average of $9,733 per month.
The high cost of care is astonishing considering about half of all people over the age of 65 live on less than $23,760 a year. Furthermore, half of all Americans who turned 65 in 2014 will eventually pay for some form of long-term care. It is also estimated that three out of five people who are 65-years-old will reach age 80.
According to the study, the high cost of care is straining facilities and Medicaid programs that now pay for more than half of all long-term care in the nation. A strained system places stress on facilities that are struggling to keep a full staff. When facilities are understaffed, neglect and abuse become more common.
Contact our Milwaukee nursing home abuse lawyers if your loved one has suffered any form of abuse or neglect while residing in a facility or while receiving care at home. We can help you get the justice and compensation they deserve.