Genworth Financial has released its 2017 survey of long-term care costs. The picture is not encouraging. Although the cost of care has always been shockingly expensive, and increased annually without fail, the rate of increase seems to be picking up….
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Being a resident in a long-term care facility does not mean giving up your legal rights. In fact, anyone who lives in a nursing facility gains certain rights. You can see a summary of those rights here, and read the…
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As reported in a 2013 post, acclaimed country music singer-songwriter Glen Campbell was diagnosed with Alzheimer’s Disease in 2011. This was not entirely a shock to his fans, who had noticed the Rhinestone Cowboy forgetting lyrics during performances. At home, he…
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A recent Florida Supreme Court ruling underscores the importance of having a valid power of attorney, as well as the importance of being careful when signing a nursing home agreement for a loved one. Juan Mendez Sr. was admitted to…
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A new rule barring long-term care facilities from including pre-dispute forced arbitration clauses in their admissions contracts will not go into effect on November 28, as originally anticipated. (Discussed the rule in an earlier post. ) In response to a…
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In Florida, the average annual cost of a private room at a long-term nursing facility now hovers upwards of $90,000 annually, with a semi-private room around $83,000. With the oldest Baby Boomers turning 70 and the escalating incidence of chronic…
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SEE NOVEMBER 10, 2016 STATUS UPDATE ON THE NEW CMS RULE. CLICK HERE. Pre-dispute binding arbitration clauses will no longer be permitted in nursing home admissions contracts, the Centers for Medicare and Medicaid Services has ruled. The new rule goes…
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Genworth just released its latest analysis of long-term care costs. The numbers are startling. The cost Nationally, the current median cost for a semi-private room in a nursing home is $82,125 per year; for a private room, $92,378. That’s an…
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Admitting a loved one to a nursing home can be a deeply emotional, troubling experience, but it is important to keep your wits about you. In prior posts (read more here and here) we advised you to read the fine…
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Are you one of the many Florida residents relying on Medicare to pay your way if you ever need nursing home care? Depending on what you mean by “nursing home,” you, your family and your pocketbook could be in for…
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