Arkansas Long Term Care Insurance

Nearly two-thirds of people over age 65 will need long term care at home or through adult day health care, or care in an assisted living facility or nursing home. And while most people think of long term care as impacting only those in senior years, 40 percent of people currently receiving long term care service are ages 18 to 64.

This information is based on the 2010 Genworth Cost of Care Survey to help families evaluate options and cover the growing cost of long term care. For the seventh year Genworth Financial surveyed the cost of long term care across the U.S. to help American plan for the potential cost of this type of care in their preferred location and setting. The survey was conducted by CareScout® and covers nearly 13,000 long term care providers in 436 regions.

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NURSING HOME DAILY RATES (PRIVATE ROOM)

Region

Minimum Hourly Rate

Maximum Hourly Rate

Median Hourly Rate

Median Annual Rate

USA

$90

$876

$206

$75,190

Arkansas

$120

$285

$155

$56,575

Fayetteville - Springdale - Rogers

$145

$250

$160

$58,400

Fort Smith

$130

$159

$142

$51,830

Hot Springs

$128

$227

$150

$54,750

Jonesboro

$120

$165

$145

$52,925

Little Rock - North Little Rock - Conway

$120

$285

$160

$58,400

Pine Bluff

$140

$173

$145

$52,925

AR - Rest of State

$127

$203

$150

$54,750

 

NURSING HOME DAILY RATES (SEMI-PRIVATE ROOM]

Region

Minimum Hourly Rate

Maximum Hourly Rate

Median Hourly Rate

Median Annual Rate

USA

$80

$870

$185

$67,525

Arkansas

$109

$387

$139

$50,735

Fayetteville - Springdale - Rogers

$130

$180

$148

$53,838

Fort Smith

$120

$152

$130

$47,450

Hot Springs

$118

$207

$135

$49,275

Jonesboro

$120

$145

$138

$50,188

Little Rock - North Little Rock - Conway

$117

$387

$145

$52,925

Pine Bluff

$115

$140

$120

$43,800

AR - Rest of State

$109

$150

$134

$48,728

 

ASSISTED LIVING FACILITY MONTHLY RATES (ONE BEDROOM/SINGLE OCCUPANCY)

Region

Minimum Hourly Rate

Maximum Hourly Rate

Median Hourly Rate

Median Annual Rate

USA

$700

$11,550

$3,185

$38,220

Arkansas

$1,200

$3,900

$2,560

$30,720

Fayetteville - Springdale - Rogers

$2,100

$3,328

$2,715

$32,580

Fort Smith

$1,300

$2,715

$1,725

$20,700

Hot Springs

$1,500

$3,420

$2,418

$29,010

Jonesboro

$1,558

$3,000

$2,300

$27,600

Little Rock - North Little Rock - Conway

$1,500

$3,900

$2,560

$30,720

Pine Bluff

$1,950

$2,350

$2,150

$25,800

AR - Rest of State

$1,200

$3,300

$2,700

$32,400

 

ADULT DAY CARE DAILY RATES

Region

Minimum Hourly Rate

Maximum Hourly Rate

Median Hourly Rate

Median Annual Rate

USA

$12

$202

$60

$15,600

Arkansas

$40

$64

$64

$16,640

Fayetteville - Springdale - Rogers

$61

$61

$61

$15,860

Fort Smith

$64

$64

$64

$16,640

Hot Springs

N/A

N/A

N/A

N/A

Jonesboro

N/A

N/A

N/A

N/A

Little Rock - North Little Rock - Conway

$61

$64

$63

$16,432

Pine Bluff

N/A

N/A

N/A

N/A

AR - Rest of State

$40

$64

$64

$16,640

 

HOME HEALTH AIDE SERVICES HOURLY RATES (LICENSED)

Region

Minimum Hourly Rate

Maximum Hourly Rate

Median Hourly Rate

Median Annual Rate

USA

$12

$38

$19

$43,472

Arkansas

$13

$20

$17

$37,752

Fayetteville - Springdale - Rogers

$16

$20

$17

$39,468

Fort Smith

$17

$19

$18

$40,360

Hot Springs

$16

$16

$16

$36,333

Jonesboro

$16

$16

$16

$36,036

Little Rock - North Little Rock - Conway

$13

$20

$16

$35,464

Pine Bluff

$16

$16

$16

$36,242

AR - Rest of State

$15

$18

$17

$38,896

 

HOMEMAKER SERVICES HOURLY RATES (LICENSED)

Region

Minimum Hourly Rate

Maximum Hourly Rate

Median Hourly Rate

Median Annual Rate

USA

$10

$38

$18

$41,184

Arkansas

$13

$19

$16

$36,608

Fayetteville - Springdale - Rogers

$13

$18

$17

$37,752

Fort Smith

$13

$18

$15

$35,098

Hot Springs

$16

$16

$16

$36,333

Jonesboro

$15

$16

$15

$34,892

Little Rock - North Little Rock - Conway

$13

$19

$15

$34,320

Pine Bluff

$16

$16

$16

$36,242

AR - Rest of State

$15

$17

$17

$38,347

 

NOTES

  • Homemaker Services annual rates are based on 44 hours/week multiplied by 52 weeks.
  • Home Health Aide Services annual rates are based on 44 hours/week multiplied by 52 weeks.
  • Adult Day Health Care annual rates are based on 5 days/week multiplied by 52 weeks.
  • Assisted Living Facility annual rates are based on monthly rate multiplied by 12 months.
  • Nursing Home annual rates are based on daily rates, multiplied by 365 days.

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See also:
California long term care insurance