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Nursing care costs rise 13 percent

Nursing care costs rise 13 percent



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SALT LAKE CITY (AP) -- A new report says the average cost of a year's worth of nursing-home care in Utah rose 13 percent over the past five years to more than $57,000.

The report by Genworth Financial says that despite the increase, that's still below both the national increase of 17 percent and the average U.S. cost of about $76,000.

Each year, the financial services company surveys more than 10,000 long-term care providers nationwide. Of all categories, nursing-home care is the most expensive because it is provided around the clock.

The cost of long-term care at the state level depends on a variety of factors, such as worker wages and the cost of leasing or buying a facility.

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Information from: The Salt Lake Tribune

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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