SENIOR SIGNALS: It’s never too late to slash nursing home bills

(By – Daniel O. Tully, www.centralctcommunications.com)

When a loved one moves to a nursing home, family members are often shocked to learn that the bill is not paid by Medicare or health insurance. Few families have the money to pay the average nursing home bill in Connecticut of $146,200 a year, according to the State of Connecticut Office of Policy and Management. Most facilities in Connecticut can easily exceed $180,000 per year. Life savings can quickly be depleted, paying these bills. As life savings are depleted, gone too, are the dreams many seniors have of leaving an inheritance to their children and grandchildren. Read more…

 

Notice: The “Read more…” link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org.