SAN FRANCISCO: The steep cost of caring for the elderly continues to climb. The median bill for a private room in a skilled nursing home is now USD$71,063 a year, according to an industry survey.
The annual report looks at costs for a variety of services, including adult daycare, and home health aides. It shows that skilled nursing home bills are rising at the fastest pace over the last five years. One year in a skilled nursing home now costs nearly as much as three years of tuition at a private college…