Long Term Care Facts*
Depending on your province:
- Accommodation in long-term care facilities typically costs from $900 to more than $5,000 per month. This is based on the type of room and level of government funding available.
- Private home-care service can cost from $20 to $90 per hour for personal care or nursing care.
If you require extensive care, your costs could easily add up to between $35,000 and $65,000 a year.
Source: CLHIA A Guide to Long Term Care
Did you know that your chances of living to 100 years old are better than ever? While living a long life may be seen as a great gift, we also need to be prepared financially to pay for their future long-term care needs.
Long-term care insurance provides financial protection should you become unable to care for yourself.
- Plan ahead
- Understand what you would like in your later years.
- Determine the type of Long Term Care Plan that fits your needs.
Long Term Care
Long Term Care Facts.
The average cost of long term care facilities are:
- Private $995 – $3,500/month
- One bedroom suite $1,595 – $5,400/month
Home care costs:
- Home Meal Prep $16.50-$36.95/hour
- Personal Care (bathing/dressing) $15.00 – $36.95/hour
- Skilled Nursing $35.00 – $75.00/hour
Did you know that your chances of living to 100 years old are better than ever? While living a long life may be seen as a great gift, we also need to be prepared financially to pay for their future long-term care needs.
Long-term care insurance provides financial protection should you become unable to care for yourself.
- Plan ahead
- Understand what you would like in your later years.
- Determine the type of Long Term Care Plan that fits your needs.
