MEDICAID INFORMATION THAT CAN PROTECT YOUR FAMILY’S ASSETS
Elder Care Matters
MARCH 1, 2022
The prospect of a spouse needing nursing home care is one of the biggest financial worries for couples. With some facilities on Long Island now charging more than $600 a day, even with long-term care insurance policy benefits, the monthly out-of-pocket cost of a room in a nursing home can easily exceed $6,000.
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