Wednesday, March 14, 2007
Prudential Financial Informs Consumers on Preparing for the Increasing Costs of Long-Term Care
A new set of tools set to be released by Prudential Financial, Inc. will help consumers make more informed decisions about their long-term care needs. Prudential's Long-Term Care Cost of Care research report reveals that nursing home costs can reach between $165,000 and $185,000 for the average two to three year stay - exceeding the net worth of many elderly Americans. Additionally, home healthcare services, the preferred method of care for most Americans, can cost close to $34 an hour for a home health aide and over $100 an hour for a licensed nurse practitioner. As a result, long-term care recipients may be faced with a real dilemma and forced to become dependent on family members or government programs.
Prudential Financial Informs Consumers on Preparing for the Increasing Costs of Long-Term Care
Source: Yahoo! Finance
Prudential Financial Informs Consumers on Preparing for the Increasing Costs of Long-Term Care
Source: Yahoo! Finance
Permalink posted by armandn @ 9:30 AM 
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