AVERAGE COST OF NURSING HOME CARE RISING AT 6% PER YEAR
The average cost for nursing home care in the U.S. increased significantly in 2006, according to the results of a study by New York Life Insurance Co.’s long-term care division. Costs for both private and semiprivate care were 6 percent higher than in 2005. The average cost of a private room with a single occupant…
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