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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…

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