Nursing Home Services in Hot Springs, AR – Cost & Options
If you’re looking for a nursing home in Hot Springs, odds are you or a loved one can no longer live on your own and seek 24-hour around the clock medical care.
Times like these can be difficult for many Hot Springs families. It’s hard to admit when someone needs help. But figuring out how to pay for a nursing home can be even more painful.
Unfortunately, residents of Hot Springs should expect to pay a premium price for a nursing home in Arkansas.
According to a 2021 survey by Genworth**, the median annual price for a nursing home in Arkansas is approximately $73,000.
While there might be places in Arkansas where you can find a nursing home for less, in Hot Springs, the median price matches that of the entire state. This means the cost of a nursing home in Hot Springs is $200 every day.
Likely, you’re going to want some help deciding which nursing home services in Hot Springs are worth the price. You may want to check out the Arkansas Department of Health website, which licenses nursing homes across the state. You can also check out nursing home placement services such as Caregiverlist.com.
But what about the cost?
Many people think Medicare will cover their nursing home costs, but it turns out that if you have long term care needs and need a nursing home, Medicare will not cover your costs.
Luckily, most long term care insurers in Hot Springs work with nursing home providers to make sure you or your loved one don’t have to bear the burden of quality nursing home costs alone. And this is where the insurance brokers at Policy Solver are here to help.
We partner with the best carriers and agents in Hot Springs, to ensure you get the right coverage, at the right price.
Schedule a free consultation today to begin browsing your options. Our brokers are waiting to answer all of your questions and help you find the best coverage in Hot Springs at the lowest price, guaranteed.
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