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Nursing home costs drain savings with co payments and extra charges
The American Council of Life Insurers warns of fast eroding life savings from nursing home costs. At Liv ing Center East a semi private room runs 118 a day, private 136, with daily rates rising annually and Medicaid covering most costs for low income residents. Arlo Alle y's family faced ongoing bills including oxygen and medications, while Medicaid and private pay mix fund two thirds of Living Center East residents.
MENTIONED IN THIS ARTICLE
American Council of Life Insurers
Living Center East
Molly James
Allelys
Charlene
Arlo
James
St. Luke’s Hospital
Medicaid
Iowa
Arlo Allely
Mildred Schmidt
Leon Schmidt
Cedar Rapids
Mildred
Dad
Mom
Leon
Marlene
Schmidts