The average cost of care in the U.S. is $9,400 per year.
But if you live in a place that offers emotional care services, that could rise to $20,000 per year, according to a new study by researchers at the University of Washington.
The study, published today in the Journal of Family Practice, found that the average annual costs of care for a home owner’s emotional care plan was $9.7 million in 2020, with an average cost per person of $5,722.
The study also found that people who had a home care plan had lower rates of mental health and substance abuse problems, while their home care providers had lower costs per person.
While the study found that emotional care plans were associated with lower health care spending, the researchers also found a relationship between emotional care and higher financial success.
“We find that the more emotional care an individual had, the more likely they were to live in lower-income households,” said study author Dr. Christopher Hickey.
“It’s not just that emotional health is important, it’s that emotional wellbeing is important.”
The findings are similar to those of a study conducted in 2016 by researchers from the Kaiser Family Foundation, a nonprofit health research organization.
They found that those with emotional care planning had lower levels of obesity, diabetes, and heart disease, while those who did not have a home plan had higher rates of asthma and COPD.
In a 2015 study, Hickey found that home care planning was associated with higher income, lower stress, and lower depression.
The findings come as health care costs have skyrocketed across the U, and the federal government is trying to reduce the costs of caring for the elderly.
A report from the Centers for Medicare and Medicaid Services last month found that costs for health care providers rose 6.9 percent in 2019, while medical costs climbed 7.2 percent.