The Real Cost of Long-Term Care

By Nikhil Hutheesing - 2012-11-26T15:38:10Z

Photograph by Peter Dazeley

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Home Care Services

After a hip replacement, patients often spend weeks in rehabilitation at either a nursing home or a specialized center and at home. During that time, they need help with daily activities such as cooking, cleaning and other errands. To get the cost of home care services covered, you need to have long-term care insurance. Medicare will pay for part-time and intermittent home care, but you must be homebound and a doctor must order the care. Even then, the coverage is for only an hour or two once or twice a week. The national average cost of a home care worker comes to $20 per hour, according to MetLife.

$20,800: Average annual cost for one year (4 hours per day, 5 days per week) -- MetLife Market Survey