There are many options when it comes to where you recover after time in the hospital, and a Recovery Care Insurance Plan can help ensure that happens!
What is a Recovery Care Insurance Plan?
Different Recovery Care Options:
Consider These Facts:
|70%||Of seniors (Over 65) need some form of recovery care during their lifetime.*|
|69 Days||Is the average length of service required for Home Health Care.**|
|270 Days||Is the average stay in a nursing home before discharge.***|
|79%/74%||Of men/women stay in a nursing home LESS than 1 year.****|
Protection from Financial Burden:
|Only 9%||Of skilled nursing home care, on average, is covered by Medicare.|
|91%||Of nursing home care, on average, is covered by the patient. (YOU!)|
Medicare reimburses hospitals on a pre-determined, fixed amount. This provides incentives for hospitals to serve patients more efficiently – which reduces length of stay in hospital and increases need for Home Health Care / Skilled Nursing Facilities*
*Heath Care Financial Review
It Can Cost:
|$5,940 for a semi-private room in a nursing home (per month).*||$6,570 for a private room in a nursing home (per month).*|
|$3,131 for care in an assisted living facility (1 bedroom unit, per month).*||$5,040 for home health aide; $4,110 for homemaker services (per month). *|
|$2,010 for care in an adult day health care center (per month).*||*www.longtermcare.gov **Monthly calculation based on average daily rate times 30 days.|
How Will You Pay?
Call an SBS agent today to get a recovery care insurance plan in place for when the unexpected happens!