With the average long-term-care event lasting approximately three years, these aren’t just numbers on a spreadsheet. They ...

Strategies include adding riders to life insurance for younger individuals and considering hybrid or traditional long-term ...

Genworth's latest study predicts a staggering 66% increase in assisted living costs over the next decade. With 10,000 Baby ...

The Maine Bureau of Insurance has scaled back several long-term care insurance rate increases proposed by Genworth Life ...

By expanding consumer-directed health care services, North Carolina can empower individuals to make choices that best suit ...

As care costs rise and legal complexities deepen, families across the U.S. face severe financial and emotional risks by ...

Genworth Life Insurance, based in Virginia, wanted to raise long-term care rates by 233 percent to cover the rising cost of ...

RICHMOND, Va.-- (BUSINESS WIRE)-- The cost of long-term care services increased across all care types, according to the 2024 Cost of Care Survey conducted by Genworth and CareScout.

The average cost of assisted living in the United States is $5,350 per month or $64,200 annually for a private, one-bedroom arrangement, according to Genworth’s 2023 Cost of Care Survey.