| Financial options |
| Respite Program |
| Coming Soon! |
| Private Pay |
| About half of all nursing home residents pay nursing home costs out of their own savings. After these savings and other resources are spent, many people who stay in nursing homes for long periods eventually become eligible for Medicaid. |
| Medicaid |
| Medicaid is a State and Federal program that will pay most nursing home costs for people with limited income and assets. Eligibility varies by State. You must meet certain requirements in order to be eligible for Medicaid. Medicaid does not pay money to you; instead, it sends payments directly to yo ...» |
| Long-Term Care Insurance |
| Long-term care insurance is a policy designed to cover at least some of your expenses if you have a chronic but not life-threatening illness, long-term disability, or you are unable to live independently because you can't perform a number of the activities of daily living. Those activities typic ...» |
| Managed Care |
| Coming Soon! |
| Medicare |
| MedicareUnder certain limited conditions, Medicare will pay some nursing home costs for Medicare beneficiaries who require skilled nursing or rehabilitation services. Medicare does not pay for long term care. It only pays for medically necessary skilled nursing care. To be covered, you must receive ...» |
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