Medicare Won’t Touch Long-Term Care. The Average Nursing-Home Year Runs Past $100,000.
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Medicare does not cover long-term care, leaving retirees with significant medical bills. The cost of a year in a nursing home can exceed $100,000, and monthly long-term care costs can reach five figures. Reports suggest that retirees may face substantial medical expenses, potentially totaling over $170,000, excluding long-term care costs.
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