Have you thought about the possibility of needing long term care to support you? If not, you may need the help of a Massachusetts Medicaid or elder lawyer to help you to create a custom plan. According to data, 17% of the state’s 6.8 million residents who are over age 65 lived in nursing facilities in Massachusetts.
Without a proper plan in place, you could leave your loved ones scrambling to find a place that meets your affordability requirements. Having to pay out of pocket for nursing home care could deplete the resources you have to care for yourself if you’re in there for a short stay. If you might need longer-term medical assistance, you might want to consider a Medicaid plan as part of your elder law strategy.
Nursing homes are appropriate for those people who need advanced medical care because of illness, disability or age. The average monthly cost of nursing home care in Massachusetts is over $12,000 for a semiprivate room and over $13,000 for a private room.
When you’re in the position to help make this decision for a loved one, you’ll want to choose a care facility that considers what is most important for them. It can be difficult to figure out how to find the appropriate funding for a nursing home in Massachusetts, but the support of an attorney is vital for your next steps. Make sure you have an attorney who can help you to craft a custom plan that protects your assets and preserves them for retirement but also allows you to get the necessary support if needed for your care.