The average nursing home stay nationwide is 2.3 years for men and 2.6 years for women, according to research by the American Association for Long Term Care Insurance.

A quarter of those who enter a nursing home facility remain for at least three years, and 12% remain there for five years or more. The average cost of a nursing home, again using nationwide averages, runs at $255 per day for a semi-private room — or $93,075 per year.

And your health insurance or Medicare won’t pay for it. Don’t Expect Medicare to Cover Nursing Home or Assisted Living Expenses

Copyright © 2024
Brown & Stromecki