Ensuring that your loved loves, be it your parents or grandparents have the best care is one of the most concerning factors for anyone. Making sure that your loved ones who have taken care of you in the past receive good treatment and have a healthy balance of activities for their lifestyle is one of the main reasons why assisted living options are available.
The cost of long-term care continues to rise, but senior assisted living still costs about half as much annually as private nursing homes. Whether you choose a semi-private or a private room in a nursing home, the costs are substantially more than assisted living.
However, many nursing home residents who have depleted their financial resources and qualify for Medicaid are not paying out of pocket for their care. States facing large budget deficits may turn to Medicaid cuts to balance their budgets, and some skilled nursing providers say that in this case they won't be able to meet patient's needs. There is already talk of some facilities closing their doors , and others have attempted to evict Medicaid-eligible residents to take private-pay patients in their place. This improves the facility's bottom line at the cost of the nation's elderly.