Excerpt from: The Wall Street Journal (click for full article)
Long-term-care costs continue to climb. Nursing-home and assisted-living costs are rising “dramatically,” while home-health-care costs are going up more gradually, according to Genworth Financial , the largest U.S. long-term-care insurer, which posted its 2013 cost-of-care survey online Monday. Nursing-home costs rose most quickly, to a median annual $83,950 this year, a 3.6% increase from 2012...
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