| Amount at risk assuming current average, stay of 30 months and no increased cost | |||||||||||
| $146,833.20 | |||||||||||
| Impoverishment: Cost of Nursing Home Care | |||||||||||
| From: Metlife Press Release: August 5, 2003 | |||||||||||
| Month | Average Monthly Cost | Total | Memphis (TN) | Nashville (TN) | Alpharetta (GA) | Atlanta (GA) | U.S. | Average | |||
| January | $4,894.44 | $4,894.44 | Daily: | $158.50 | $182.10 | $138.07 | $155.83 | $181.24 | |||
| February | $4,894.44 | $9,788.88 | Monthly: | $4,755.00 | $5,463.00 | $4,142.10 | $4,674.90 | $5,437.20 | $4,894.44 | ||
| March | $4,894.44 | $14,683.32 | |||||||||
| April | $4,894.44 | $19,577.76 | Tennessee | Georgia | From: AARP: Daily Rate Survey, 2001 | ||||||
| May | $4,894.44 | $24,472.20 | Daily: | $127 | $114 | ||||||
| June | $4,894.44 | $29,366.64 | Monthly: | $3,810.00 | $3,420.00 | ||||||
| July | $4,894.44 | $34,261.08 | |||||||||
| August | $4,894.44 | $39,155.52 | |||||||||
| September | $4,894.44 | $44,049.96 | Average Nursing Home Stay is 30 months | ||||||||
| October | $4,894.44 | $48,944.40 | |||||||||
| November | $4,894.44 | $53,838.84 | Annual Cost at current (Metlife) Average: | ||||||||
| December | $4,894.44 | $58,733.28 | $58,733.28 | ||||||||
| January | $4,894.44 | $63,627.72 | |||||||||
| February | $4,894.44 | $68,522.16 | Cost for 5 years at current (Metlife) Average: | ||||||||
| March | $4,894.44 | $73,416.60 | $293,666.40 | ||||||||
| April | $4,894.44 | $78,311.04 | |||||||||
| May | $4,894.44 | $83,205.48 | Cost for 10 years at current (Metlife) Average) | ||||||||
| June | $4,894.44 | $88,099.92 | $587,332.80 | ||||||||
| July | $4,894.44 | $92,994.36 | |||||||||
| August | $4,894.44 | $97,888.80 | |||||||||
| September | $4,894.44 | $102,783.24 | |||||||||
| October | $4,894.44 | $107,677.68 | |||||||||
| November | $4,894.44 | $112,572.12 | |||||||||
| December | $4,894.44 | $117,466.56 | |||||||||
| January | $4,894.44 | $122,361.00 | |||||||||
| February | $4,894.44 | $127,255.44 | |||||||||
| March | $4,894.44 | $132,149.88 | |||||||||
| April | $4,894.44 | $137,044.32 | |||||||||
| May | $4,894.44 | $141,938.76 | |||||||||
| June | $4,894.44 | $146,833.20 | |||||||||