Nursing Home Costs Are Higher Than Ever

Earlier today I looked at how much more I’d be paying for health insurance in 2018; on the subject of rising healthcare costs, Consumerist informs us that nursing home rooms now cost as much as $8,000 per month:

According to the report, private rooms in a nursing home have increased 5.5% [since 2016], while the cost of a semi-private room has increased 4.44%.

The national average for a patient to live in a private room at a nursing home is $8,121/month, or roughly $97,452/year. Move to a...

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