Medicaid and Nursing Home Care: A Primer

When you are planning ahead toward your senior years, there are a few important things that you should know about nursing home care. One of them is the simple fact that most people require some form of long-term care eventually, and many of these individuals will ultimately reside in nursing homes. Nursing homes are very expensive, and this is another fact of life that everyone should understand. We practice law in the state of Connecticut. Though nursing home costs are very high across the country, they are particularly high in our state. At the present time, the entity that is conducting the most comprehensive research into the subject is Genworth Financial. According to their survey, the median annual cost for a private room in a nursing home in Connecticut is almost $159,000. Since people often require multiple years of care, the numbers can get huge, and prices have been rising. The Genworth survey predicts a three percent per year growth rate over the next five years. The last t


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