{"id":15121,"date":"2020-01-31T09:25:56","date_gmt":"2020-01-31T14:25:56","guid":{"rendered":"https:\/\/medicarereport.org\/?p=15121"},"modified":"2020-01-31T09:25:56","modified_gmt":"2020-01-31T14:25:56","slug":"the-high-price-of-long-term-care","status":"publish","type":"post","link":"https:\/\/medicarereport.org\/?p=15121","title":{"rendered":"The high price of long-term care"},"content":{"rendered":"<p>Healthcare is a major expense for retirees, it&#8217;s estimated that 70 percent of seniors 65 and over will require some amount of long-term care in their lifetime. \u00a0According to Genworth, the average annual cost nationwide for assisted living facility is $48,612 a year followed by a shared nursing home room at $90,155.\u00a0 If you are thinking Medicare will pay for long-term care, you are mistaken.\u00a0 Medicare will only pay for medical-related services so that is why it&#8217;s crucial to come up with a plan for covering long-term-care costs ahead of your senior years. Read article <a href=\"https:\/\/www.msn.com\/en-us\/news\/other\/the-shocking-cost-of-long-term-care-and-how-to-tackle-it\/ar-BBZrvkA?srcref=rss\">here\u2026<\/a><\/p>\n<p><a href=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2017\/08\/iStock_000023372772Small-700x465.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-8007\" src=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2017\/08\/iStock_000023372772Small-700x465-300x199.jpg\" alt=\"\" width=\"300\" height=\"199\" srcset=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2017\/08\/iStock_000023372772Small-700x465-300x199.jpg 300w, https:\/\/medicarereport.org\/wp-content\/uploads\/2017\/08\/iStock_000023372772Small-700x465.jpg 700w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<pre><strong>Notice:<\/strong> The 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; medicarereport.org cannot guarantee the duration of the link\u2019s 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.<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Healthcare is a major expense for retirees, it&#8217;s estimated that 70 percent of seniors 65 and over will require some<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,6,24],"tags":[],"class_list":["post-15121","post","type-post","status-publish","format-standard","hentry","category-health-care-finance","category-medicare-general","category-nursing-homes"],"_links":{"self":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/15121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15121"}],"version-history":[{"count":1,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/15121\/revisions"}],"predecessor-version":[{"id":15122,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/15121\/revisions\/15122"}],"wp:attachment":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}