Change in Long-Term Care Costs in Nevada 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 Nevada for nursing home care actually stayed flat or decreased since 2020, while costs for other care services generally reflected national medians. 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.