Long-Term Care Costs Increase in Maryland, Exceeding National Costs
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The 2024 Cost of Care Survey reveals that long-term care costs in Maryland have increased year-over-year, surpassing national averages. This information is significant for stakeholders in the long-term care industry.
March 04, 2025 | 4:15 pm
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Genworth Financial, Inc. (GNW) is highlighted in the 2024 Cost of Care Survey, which shows rising long-term care costs in Maryland. This could impact GNW's long-term care insurance business.
The increase in long-term care costs in Maryland, as reported by the 2024 Cost of Care Survey, is relevant to Genworth Financial (GNW) because they provide long-term care insurance. Higher costs could lead to increased premiums or demand for their products, potentially benefiting their revenue.
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IMPORTANCE 70
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