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Everybody Loves Your Money
Everybody Loves Your Money
Business
Evan Morgan

Would You Put Your Mother In A Nursing Home Because The Price Was Cheaper?

Woman In Nursing Home
Nursing home care can cost well over $100,000 a year nationally, making the price impossible for many families to ignore. Comparing staffing, services, payment policies and hidden expenses can help families determine whether a cheaper facility is truly the better value. (Pexels).

Choosing long-term care for your mother can feel like an emotional decision, but for millions of families, the numbers eventually enter the conversation. Nursing home costs can exceed what many older Americans earn or have saved, forcing adult children to compare facilities they might otherwise dismiss based on price.

Yet the cheapest nursing home is not automatically the wrong choice, just as the most expensive facility does not guarantee attentive care. The challenge is figuring out what a lower price actually represents before signing an admission agreement.

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