Known as “America’s Dairyland,” because the state is one of the top dairy producers in the U.S., Wisconsin has quite a bit to offer residents. In addition to superior cheese, the state also borders the Great Lakes, which provides beautiful views that make this a great place to retire.
In the city of Milwaukee, 12.1 percent of the total population is over the age of 65. This is a number that is going to continue to rise, which will result in more and more people requiring some type of long-term care. For many, this means a nursing home. While nursing homes are quite different than what they were or offered in the past, the cost of these facilities is still high, which means learning all you can about them and what to expect in terms of cost is so important. Those who are interested can learn more about the nursing homes, cost expectations, and more for Milwaukee residents here.
In the state of Wisconsin, there are 388 Medicaid and Medicare nursing homes.
At any given point in time, only 79 percent of the total available beds in Wisconsin nursing homes are filled.
The monthly cost of nursing home care in Wisconsin ($7,505) is slightly higher than the national average ($6,692).
The cost for a private room in a nursing home in Milwaukee is $96,725. This is higher than the national average of $83,950 for a private room in a nursing home. The average cost of nursing home care has increased, on average, by about 6.8 percent per year in Wisconsin, which is higher than the national growth of 4.5 percent per year.
When you begin to search for a nursing home in Milwaukee, don’t let all the options become overwhelming. If you are searching for a family member, then take some time to think about what it is they enjoy doing and the level of care they need. This will help you narrow down the options that are available in the city and find a location that has all the amenities and services that the senior wants and needs.
It can also be helpful to visit a few of the facilities. It is a good idea to take the senior along, as well as any family members who may be impacted by the decision. Take some time to get a feel for each location that is visited by speaking with the staff and other residents. If possible, sit down and have a meal at the location, which will provide you with insight into the type and quality of food that is served.
One of the main concerns for many seniors and their families is how they are going to pay for nursing home care in Milwaukee. One of the best ways to reduce the stress of this is to evaluate the financial resources that the senior and their family has. This will include monthly income and any assets. Each senior and their family’s circumstances will help to determine how they will be able to pay for nursing home care. Some of the options that are used most often are found here.
Long term care insurance: Long-term care insurance can be purchased prior to a major health event. It will then cover long-term care expenses down the road. This will help seniors and their families from having to pay out-of-pocket.
Personal loans: This is a beneficial option for those who may be facing short-term obstacles that go along with moving into a nursing home. It can also help families pay other expenses they may have. It is important to choose these personal loans carefully to avoid getting into more debt than can be afforded.
Medicare and Medicaid: These are both federally based programs that help seniors pay for care as they age. These programs have financial and medical requirements that must be met in order to receive the assistance.
Veteran’s Assistance: Those who have served in the armed forces may be eligible to receive Veteran’s benefits to help pay for their long-term care. This is also assistance that will require a person to meet certain financial and medical requirements prior to paying.
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