Most nursing home and memory home care is at this level. In some cases, Medicare does cover some skilled nursing care after you’re released from a hospital, but only for the first 100 days.

According to estimates from Genworth’s Cost of Care Survey, the cost of a room in a nursing home facility is over $100,000 a year. And because Medicare won't pay for nursing home care, you’ll ...

Many seniors prefer home health care ahead of a nursing home, but it doesn't come cheap. Here’s what to know about home health care costs and how to pay for it.

However, staying at home isn’t always affordable. Among older adults, 80% are concerned about being able to afford home health care costs, according to a 2019 SCAN Health Plan survey.