The thought of paying for a nursing home makes a lot of people anxious, and many families don’t think that they can handle the cost. In California, it can feel like everything is more expensive and long-term care will be no different. Fortunately, there are many options and Los Angeles, in particular, is actually a great place for seniors to find the right kind of nursing home for the right kind of price.
7.3% of the U.S. population were nursing home residents in California in the year 2014. That is over 97,000 people.
More than half of California’s Medicaid funding goes towards in-home long-term care rather than into nursing home facilities.
The number of residents that are 85 or older in California is expected to double by 2030.
According to health inspections and surveys, non-profit nursing homes tend to deliver a better quality of care.
When you compare Los Angeles nursing home rates to statewide and national rates, the numbers are actually within an affordable range. In 2015, the national average for a semi-private room was $80,300, and the average was $74,460 in Los Angeles. For a private room the number for the U.S. jumped to $91,250 and in Los Angeles, it went up to $97,638.
Those numbers might seem really high, but there are ways that you can lower your total cost and make long-term care affordable on your budget. There are a wide range of pricing options within the Los Angeles area. Depending on the type of care you need, you could bring down the cost considerably. With over 50 facilities in the area, it should be easy to find a home that fits your budget.
The main goal of most nursing homes is to provide you with the best medical care and attention as possible. There will always be trained medical members on staff, including doctors, nurses, and nursing assistants, and they will bring in specialists as needed by the residents. This team can take care of administering medications, treating wounds, scheduling and performing therapy, and making sure that all medical needs are met.
The staff is also highly trained in long-term care procedures and handling patients who are nearing the end of their life. They can provide hospice care to the patients and their family members as well as emotional support. Other basic needs will also be met such as exercise and therapy to stay strong and mobile, specially prepared meals that meet specific nutrition standards, and mental health checks.
Nursing homes can also be places of entertainment and fun because your whole life shouldn’t be centered around medical care and procedures. Many facilities will organize social events like live performances or theme nights to help keep residents in good spirits. There might even be field trips arranged for the residents that can travel outside of the facility, so you can get a chance to see everything Los Angeles has to offer.
Finding the right place is obviously important, but it can be difficult to know which ones are right for you. The best thing to do is make a list of all the needs you have and start searching for homes that meet those requirements. Make sure to visit every place and ask plenty of questions as well as look at their state inspection report. Find out everything you can from both the directors and staff as well as current residents to get a feel for your possible new home.
Also, try to take a tour of the buildings so you can see the rooms and the other areas where you will spend most of your time. If you can, eat a meal with the other residents and interact with the staff so that you feel comfortable once you move into the facility.
Perhaps one of the biggest hurdles to moving into a nursing home is finding the funds to pay for it. It can seem like a lot of money, but there little ways that you can lower the cost and find the money to cover it. A semi-private room is always going to be cheaper than a private room, and that option could lead to savings of over $20,000 in Los Angeles. Plus, having a roommate can be good for friendship.
To pay for the nursing home, you can look into selling or renting your house and using that money to cover the nursing home. You can look into reverse mortgages or cashing out insurance policies to pay for your care, but make sure that you talk to a trusted financial advisor as these options can have long-term ramifications.
Long-term care insurance policies are a great option if you already have them because they can cover most if not all of your costs. If you don’t have one of these policies and are low-income, Medicaid is going to be the next best option. All you have to do is check your eligibility and you could have a large portion of your care covered. Veteran’s should also look into their VA benefits to see if they can receive financial assistance, or if there are dedicated nursing homes for veterans in their state.
Find assisted living in Los Angeles near you.