As time carries us into our golden years, contemplating the need for long-term care in a nursing home becomes an essential part of planning. Seniors and their families often worry about the high cost of nursing homes. Here at Lakeside Rehab & Care Center, we empathize with these concerns and assemble some practical advice to assist you in navigating nursing home expenses.

To start preparing financially, one must first explore the costs of nursing homes and governmental assistance available to most families. When paying privately, prices vary significantly between facilities, so choosing and exploring other options is wise. At Lakeside Rehab & Care Center, we take pride in offering a range of services and amenities at reasonable rates, and we’re more than happy to provide a transparent breakdown of our fees and available payment options.

Another crucial consideration is financial planning to anticipate and understand the government programs that might alleviate the burden of nursing home expenses. Low-income seniors who meet specific Medicaid eligibility criteria may receive a helping hand and can have the full costs paid for these programs. Additionally, veterans needing long-term care may find financial support through Veterans Affairs.

Finally, it’s worth considering long-term care insurance. This coverage can serve as a safety net, easing the financial stress of nursing home care and providing peace of mind for seniors and their families.

At Lakeside Rehab & Care Center, we commit to working with our residents and their families to discover affordable solutions for managing nursing home expenses. Contact us today to learn more about our services and how we can assist you in this critical journey.