THE RISING COST OF NURSING HOME CARE

I just finished reading an article in Virginia Business magazine about the ever increasing costs for nursing home care. The article’s title, “Retirement Dream Could Become a Nightmare” says it all!

The article reports the average daily rate for a private room in a Virginia nursing home is $133 while the maximum average daily rate is $205. The average annual rate for a private room in a Virginia nursing home is $61, 174. The national average rate is even higher at $74,806 per year.

Remember Medicare rarely pays for nursing home care and if it does pay, the payment period is less than 100 days. The lesson to be learned: BETTER START SAVING YOUR MONEY!

Dan Frith

Dan Frith

Dan Frith has over 25 years of experience representing individuals and families in cases of medical malpractice throughout Virginia. He has been named "Best Medical Malpractice Attorney" by Roanoker Magazine and is a member of the Million Dollar Advocates Forum. To speak with Dan, contact him by email at dfrith@frithlawfirm.com.