Abby Services is proud to be our areas best option for clients seeking cost-efficient caregivers. We have not had to increase our rates for years. Unfortunately, due to outside factors out of our control, the cost of private care is increasing everywhere. In order to find our clients the best caregivers in our area, we have had to increase the rates of our services as well.
Genworth Insurance conducts an annual study on the cost of Long Term Care. In this study they found that the average cost for In Home Care in 2017 was:
|In-Home Health Aide (44 hrs/wk)||$49,192|
This breaks down to $21.50/hr
A recent article in Forbes further addresses the rising cost of care. In this article, they note that of all the types of care included in the Genworth study, the category that jumped the most in percentage from 2016 was home health aide. The annual median cost went up 6.2%. These rising costs are attributed to a number of factors including increasing demand for caregivers; an increase in the minimum wage in some geographical areas, making other jobs more attractive and a 2015 federal law that requires most direct care workers be paid minimum wage and overtime pay.
We strongly believe that Abby Services is still our areas best option for cost-efficient In-Home Caregivers and we look forward to working with our clients to help them manage all of their private care needs.