Change in Long-Term Care Costs in Alaska Mixed; Labor Market Shifts and Continued COVID-19 Pressure Affect Future Costs

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Feb 16, 2022

While the national annual median cost of long-term care services increased across the board this year, costs in Alaska for nursing home care, with the highest medians reported, actually decreased since 2020. Nationally, labor market shifts drove increased wages and COVID-19 intensified providers’ existing challenges to meet the increasing demand for long-term care services, according to Genworth%26rsquo%3Bs+2021+Cost+of+Care+Survey.