Mature Market Experts Stat of The Day: Cost of Adult Day Services Increased 5% Over Last Year

The mature market continues to experience rising health care costs. “While the 2008 national average hourly rate for homemaker/companions remained unchanged from 2007 at $18 per hour, the average 2008 hourly rate for home health aides increased by 5% from $19 in 2007 to $20 in 2008. Adult day services national average daily rates increased by 5% from $61 in 2007 to $64 in 2008.”

Source: The MetLife Market Survey of Adult Day Services and Home Care Costs (Sept. 2008), MetLife Mature Market Institute

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