Two Views of the Cost of Assisted Living in Minnesota

According to MetLife

In 2009, assisted living costs in Minneapolis-St. Paul ranged from $1,251 per month to $3,450. Interestingly, Rochester-area assisted living rates were considerably higher: from $2,138 per month to $5,500 per month.

Annual assisted living costs could be from $15,048 per year to $41,400 per year for the Twin Cities area and from $25,656 per year to $66,000 per year in the Rochester area.

These figures assume a one-bedroom apartment, at least two meals per day, housekeeping services, and personal care assistance.

(Figures are taken from The 2009 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services, and Home Care Costs http://www.metlife.com/assets/cao/mmi/publications/studies/mmi-market-survey-nursing-home-assisted-living.pdf , accessed 10/22/10.)

According to Long-Term Care Insurance Planners

The average annual rate for assisted living in Minnesota is $25,090.20, a considerably more optimistic view (http://www.long-term-care-insurance-planners.com/Minnesota-long-term-care-insurance/Minnesota-nursing-homes.html, accessed 10/22/10).

Two Views of the Cost of Home Health Care in Minnesota

According to MetLife

In 2009, the rates for Home Health Aides (HHA) from a licensed agency averaged $29/hour in Minnesota. Assuming 4 hours per day of care ($29 x 4 = $116 per day) for 365 days per year the average annual cost of a Home Health Aide would be $42,340 ($116 x 365 = $42,340).

For 5 hours of care per day for 5 days per week, the cost would be $37,700 ($29/hour x 5 hours/day = $145; $145 x 5 days per week = $725. $725 x 52 = $37,700).

According to Long-Term Care Insurance Planners

Again, the Long-Term Care Insurance Planners estimate optimistically and concluded a Home Health Aide would cost $30,680. This assumes 5 hours of care per day for 5 days per week.

Assisted living includes rent and meals, while home health care allows you to stay in your own home.

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New venue, new attractions.  This year Pinnacle Services began what it hopes to be a tradition; The Pinnacle Pub Crawl.  Approximately 150 participants gathered Wednesday evening to receive pub crawl T-shirts and patronize some of the area establishments surrounding the Hilton.  Pre-registration was required and managed by the MSSA conference committee.  Pinnacle Services employees served as guides visiting Hell’s Kitchen, 8^th Street Grill, Brit’s Pub and Eating Establishment, The Local and Zelo.  Feedback from attendees of the event was overwhelmingly positive.  Pinnacle Services also participated in the Booth Bash conference event Thursday evening.  While the organization did not sponsor a booth, attendees were invited to try the 14 foot Velcro Wall the agency provided.

The widely attended annual conference and expo provides opportunity for those in the field to attend educational sessions, network and gather information.  Pinnacle Services provided information to attendees regarding the services the agency provides including In Home Family Support, Housing with Services, Case Management/Service Coordination, Employment Services, Independent Living Skills, Semi-Independent Living Services, Support Planning, Corporate Foster Care and Supported Living Services, Home Care Services and 24 hour Customized Living Services.

For more information regarding any of these services please contact Sara Yee, Program Director at sara.yee@pinnacleservices.org.

The post Pinnacle Services and Summit Fiscal Agency attend the 2010 Minnesota Social Service Association Conference appeared first on Pinnacle Services.