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ARE YOU FACING THE HIGH COST OF NURSING HOME CARE?
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Nursing Home Costs
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Many people have worked their whole lives saving and preparing for retirement. Most are not rich, but have accumulated a nice little nest egg hoping to provide security for themselves and their families. One of the most heart-felt concerns is never to be a burden on anyone; not their spouse, family, or friends. Then the unthinkable happens...a disabling health problem.
Without help, adding the extra long-term care costs associated with caring for such a disabling illness is far beyond the income stream of most retirees. The average nursing home cost in California is over $10,000 per month. As a result, income producing assets needed for paying bills are depleted. Before long neither income nor assets are left, leaving the remaining spouse or recovering patient destitute. Fortunately, qualifying for Medi-Cal long-term care can help preserve those needed assets and income. Qualifying for Medi-Cal can also open up other programs designed to help aging seniors.