News Report | December 15, 2019
Long-Term Care Resident Medicare Beneficiaries Spend $22,384 A Year Out Of Pocket; Almost Double If No Medicaid Coverage
In 2016, long-term care resident Medicare beneficiaries annually spent an average of $22,384 out of pocket on health care. Long-term care facility residents who did not have Medicaid spent an average of $41,782 out of pocket to cover health care costs. In 2016, the average person with Medicare coverage spent $5,460 out of pocket for health care. For the report, "long-term care facilities" included assisted living facilities, personal care facilities, and retirement homes. "Skilled nursing facility" was considered a separate category.
Out-of-pocket spending on long-term care facility services was also higher . . .