Source: Jeff Hoyt, / Taylor Shuman/ Updated Aug 30, 2023
The U.S. Department of Health and Human Services highlights that nearly 70 percent of individuals turning 65 today will require some form of long-term care services and support during their lifetime.1 This article aims to provide clarity on the factors influencing the out-of-pocket assisted living costs. We will also delve into the average assisted living cost across different states and discuss potential payment methods for these services.
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