Latest News

Average assisted living facility costs $43,539 per year and Medicare won’t pay for it

Medicare provides health benefits to millions of seniors; however, there are certain services it won’t cover, like dental care, vision care, and long-term care, which includes assisted living. Medicare won’t pay for services offered by most assisted living facilities due if it falls under the category of custodial care. Since Medicare won’t cover assisted living, you will need to be prepared to pay for it yourself and, according to Genworth Financial, the average assisted living facility costs $3,628 per month or $43,539 per year. Read article here…

Notice: The link provided in the text above connects readers to the full content of the referenced 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 socialsecurityreport.org

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers