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Home Health & Hospice Week

Industry Notes:

Gas Prices Up, Mileage Rate Down

Published on Fri Jan 22, 2010

You may save money on your travel costs, depending on how you reimburse your staff. Your visiting staff are likely feeling the pinch when they head to the gas pump. The average U.S. price for gas is $2.74 per gallon, according to the federal Energy InformationAdministration. That's still way less than when gas prices peaked at more than $4 per gallon in the summer of 2008, but nearly double the price this time last year. As usual, the continental U.S. state where workers are paying the most for gas is California, where gas costs an average of $3.02 per gallon, according to Web site gasbuddy.com. The cheapest gas is available in Wyoming for $2.52 per gallon. The higher prices at the pump may not translate into higher costs for your home health agency or hospice, however. That's because the Internal Revenue Service mileage reimbursement rate for 2010 is 50 cents [...]
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