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2017 Cost of Care Survey Results

Carescout conducted a comprehensive survey of 440 regions across the country for the Genworth Cost of Care Survey.

The results for Williamsport are in:
Home Health Care: $4,385/month
Personal Care/Assisted Living: $3,390/month
Nursing Home: $8,790/month semi-private; $9,855/month private

As you or a loved one transition from living at home to a Personal Care Home/Assisted Living, is there a plan in place to pay for this care? Have you and your family planned for covering the cost of Nursing Home care? Just one year in a shared room at a Nursing Home would cost over $100,000. Traditional Medicare and Medicare Supplement Insurance won’t cover the costs of long-term care but there are ways to protect your assets from these expenses. There are Medicaid programs and Veterans benefits that may be available to help with the costs of long-term care but applying for these programs can be confusing.

We create tailored plans that could protect most of your assets from the costs of long-term care – they can be as conservative or aggressive as your family needs. The sooner we can put together an asset protection plan for you and your family, the sooner you can rest assured that your legacy will go to those you cherish. Call our office at (570) 321-6112 to schedule a free initial consultation.

To check for the cost of long-term care in another area, go to: https://www.genworth.com/aging-a…/finances/cost-of-care.html