Cost Care Today At Heathwood Health Care Center Is $235/Day ($85,775/Yr)
Increases in health care expenses are the lowest they have been in the past 40 years. Health care costs increase at approximately twice the rate of inflation. With inflation being historically low, we have seen Nursing Home costs increase between 5-6%/yr since doing our survey over the past 6 years.
Medicaid
If costs increase at:
| Resource Allowance | 2005 |
|---|---|
| One Person Household | $ 4,000 |
| Two Person Household | 5,850 |
| Community Spouse | 95,100 |
| Burial Fund (Per Person) | 1,500 |
| Monthly Income Allowance | |
| One Household | 667 |
| Two Person Household | 975 |
| Institutionalized Person | 50 |
| Community Spouse 2,378 | |
Monthly income levels include for one and two person household, a $20 per month Supplemental Security Income.
For further information on Medicaid eligibility, see: www.nyspltc.org