Tag: cleveland elder law

Help! My Spouse’s Health is Declining and I’m Worried about Financial Ruin!

It is a common problem.  One spouse’s health is declining. The other spouse is relatively healthy but is having trouble continuing to provide care for the unhealthy spouse at home.  Something has got to give. Soon some kind of long-term care facility will be necessary.  But how will they afford it?

According to the 2010 Market Survey of Long-Term Care Costs conducted by Metlife, the annual cost of a semi-private room in a Cleveland area nursing home was $75,190 and a private room was $87,600.

Moreover, counter to popular belief, Medicare will not cover prolonged nursing home care. Medicare… Read the rest