Why Long-Term Care Insurance Should Be Considered

  • Medicare will only pay for limited periods of nursing care following a hospital stay.
  • Medicare will not pay for long-term care that involves non-medical help with daily tasks, e.g., bathing, dressing.
  • Medigap policies and regular health insurance plans do not usually pay for long-term care that involves non-medical help.
  • Medicaid, the federal-state public assistance program for the poor, does pay for nursing home costs but only after a person "spends-down" their assets to a level where they can qualify for aid.
  • According to the 2004 MetLife Market Survey of Nursing Home and Nursing Home Care Costs, the average daily cost of a private room in a nursing home in the U.S. is $70,080 a year. This amount has increased $4015 since the 2003 survey.
  • Many people prefer to receive care in their homes.

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The Law Office of Mary C. LaGrone, located in Nashville, Tennessee, serves clients throughout the Nashville metro and Davidson County area. Our Nashville probate lawyer serves the communities of Nashville, Brentwood, Franklin, Smyrna, Lebanon, Hendersonville, and Murfreesboro. We also assist clients in Davidson County, Rutherford County, Sumner County, Wilson County, and Williamson County.