When insurance pays, sometimes the prices are jacked up artificially. I know this is true about some things---car repairs, dental procedures, roofing, routine doctor visits, just to name a few. I wonder if that's true in this case also.
Here is a website where you enter a City/State (or Zip) and it gives you the local average costs for 6 types of services. I included the rounded costs for Charlottesville, VA below for relative comparison purposes. The spread between In Home and Residential Facility care is not as great as I expected it to be (under $1,000/month.) I guess being able to care for a group of people in one location versus dedicated care gets the per-person cost down. -Homemaker Services: Clean house, make meals, run errands ($4,600) -Home Health Aide: Extensive in-home personal care ($4,900) -Adult Day Health Care: Community-based center for daytime assistance ($1,700) -Assisted Living Facility: Full-time residence facility, one tier below Nursing home ($5,800) -Nursing Home, Semi-Private Room: Self-explanatory ($6,700) -Nursing Home, Private Room: Self-explanatory ($7,300)
Yup. Same as any subsidy (Govt Guaranteed Student Loans, for example.) Prices rise to suck up every available dollar. Health Care is subject to the same rules I think apply to most everything in this world. You can have any 2 of the following 3, but you cannot have all of them: 1-Immediate/universal availability 2-Affordable cost 3-High quality
COVID has created huge vacancies with Assisted Living facilities and competition among them is fierce for new move ins. Incentives are being offered and you can pick your apartment location and amenities. My floor alone has 18 vacant one to two bedroom apartments available.
If we could afford a nice one yes I'd consider it but doubt hubby would. But we can't afford what I hear the nice ones cost.
I will do everything I can to avoid going there. I suppose something could happen that would prevent me from caring for myself, but I hope that does not happen.
Sadly, one of my best friends was put into one specializing in dementia just recently. She has been ailing over the last two years and her husband can't take care of her anymore. The price tag is Six Thousand Dollars a Month!!! I guess they had long term care insurance. When I was 62 I assessed myself and figured I could take care of my husband if he had physical problems and I could find a Hoyer Lift. Now, 10 years later, I am not so sure. I can barely lift a bale of hay. But I don't want to saddle my kids with us. Digging a hole in the manure pile.
So, let me get this straight. Ya want me to move into a place where people are either moving out like crazy or dying. People move out because there’s a reason and people who live a sedentary life have more maladies and die quicker. I think I’ll pass.