Monday, January 27, 2014

Planning to Grow Old in Canada? Try Manitoba. New Survey on Long Term Care Costs Released.


TORONTO, Ontario January 27, 2014 /Canada NewsWire/ - A 2013 national survey just released by LifestageCare™  provides detailed statistics on the consumer costs of a range of specific home care and home health care services, retirement and assisted living residences, nursing homes and adult day care across Canada. In all, 1,638 service providers were surveyed for LifestageCare's 4th annual national report on The Costs of Canadian Long Term Care for the elderly.

The 74 page report is primarily intended for use by both public sector organizations as well as private organizations such as insurance companies, health care organizations and financial advisory services. Information from the survey, some of which is also available online, allows professional planners and their clients to more accurately project the current and future costs of elder care in various locations across the country. At a time when government-paid care for the elderly is increasingly limited and rationed, these findings have become highly relevant for baby-boomers, seniors and various organizations dealing with this demographic.

The survey finds that Ottawa is the most expensive major city for Canadians paying for private retirement homes or assisted living care, followed closely by Toronto. Montreal and Winnipeg are the least expensive major city locations for these categories of care. On a provincial basis, median prices are highest in Ontario. On the other hand, privately paid residential care was found to be least expensive in British Columbia and Manitoba.

About LifestageCare™

 LifestageCare™'s advisory service has been consulting about family care to individuals and organizations since 1988. Part of a privately held Canadian company, LifestageCare™ researches and reports to clients on a full spectrum of personal and health care services for both adults and children. LifestageCare™ is devoted to helping families Canada-wide learn about and navigate their local human service systems in order to better care for their loved ones. For more information, please visit http://www.LifestageCare.ca.

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