The following article by the Senior Directory is aimed at helping you learn options regarding the various payment options for Long-Term Care in a Nursing Home. It is not a Do-It-Yourself guide. Before doing anything drastic with your assets, consult a Florida Elder Law Attorney who can work out the particulars for your individual situation and make sure everything is filed correctly.
How much does Long Term Care at a Nursing Home cost?
National averages price long-term care facilities at about $250 a day. That comes out to $90,000 a year, which is just for basic care. Start adding in amenities, like Memory Care for Alzheimer’s patients, and that number quickly starts to rise. In North Florida the average cost can quickly increase from around $9,700 a month to $20,000 or even $30,000 a month.