MetLife Mature Market Institute recently released a new market survey on the cost of elder care in the US.    The survey, Market Survey of Long Term Care Costs, is the latest in the MMI research on this topic, the first of which was published in 2002.

The cost of all sorts of care – from nursing homes to assisted living communities – continues to climb, in some regions and states more than others.   Slowing the growth curve of health care spending is one of the reasons the US is trying to overhaul the health care system.  This study demonstrates that they need to include long term care in the mix if there is to be true savings down the road.