COST & INSURANCE
The cost of long-term care for seniors varies as much as the types of care available and the degree of assistance you or a loved one need.
LongTermCare.gov estimates nursing home care costs at over $6,000 per month.
In-home care is generally far less expensive depending on where you live, the level of care and hours of service that are required each week.
How will you pay for long-term care?
Medicaid (if you qualify)
Long-term care insurance
Veterans Administration benefits
Out of pocket (from your savings and assets)
Many people mistakenly believe that Medicare is the answer for long-term care. In reality, it covers only a very narrow range of costs. It is important that you understand the benefits and limits of Medicare so you adequately prepare for senior care needs. Give us a call and we will help you understand the cost of in-home care.