Long term care costs in Rhode Island have surpassed the national average according to Genworth's 2011 Cost of Care Survey.  The median yearly national cost of a long-term care in an assisted living facility is $39,135; this has grown 6.0% every year in the last six years.  In Rhode Island, the yearly cost of assisted living care is $50,550 and it has increased 4.5% per year in that same period.  The median rate per hour in receiving long-term home care is $23.25 per hour in this state for home nursing services and $19 an hour for the national rate.  This cost has grown 2.5% per year in the last six years and only 1.4%for the national.

Excerpt:

“According to Genworth's 2011 Cost of Care Survey, long term care costs in Rhode Island are higher than they are nationally.”

Original article can be found at:

http://finance.yahoo.com/news/Long-Term-Care-Costs-in-Rhode-prnews-700814532.html

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