Throughout the late 1950s and into the 1960s there was a bit of a funky-wall-covering-craze and people were adorning their walls with all manner of things like bamboo, highly textured fabrics, and other materials. The two engineers sought to capitalize on this and marketed the early Bubble Wrap designs as wallpaper.
Summary: When planning for nursing home costs, it helps to know what they charge! Although many people are using $50,000 a year as an estimate of current charges, recent data suggests the average may now be nearing $60,000 a year. When planning for nursing home costs, it helps to know what they charge! Although many people are using $50,000 a year as an estimate of current Nursing Home charges, recent data suggests the average may now be nearing $60,000 a year.
Long-Term Care Insurance. The cost of long-term care can easily exceed a person's ability to pay. According to a recent MetLife Market Survey, the cost of a licensed practical nurse from a home care agency is approximately $37 per hour, while the cost for a home health aide is $19 per hour. Nursing home stays can also cost in excess of $70,000 per year in many areas. Medicare, Medicaid and other traditional health insurance plans may not cover most aspects of long-term care. These high costs can be mitigated to an extent with long-term care insurance.