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Explore senior health articlesAbout Senior Care Options
Explore senior living articlesAbout Finances & Legal
Explore finances and legal articlesAbout Products for Seniors
Explore products for seniorsFor low-income seniors with health issues who can no longer live alone, finding affordable care can be a challenge. Nursing homes are staffed by medical professionals and can offer long- and short-term round-the-clock care for seniors living with an illness or chronic condition. However, the cost of a nursing home can stretch to over $100,000 per year, according to Genworth’s most recent Cost of Care Survey. While prices for this type of care may push beyond the reach of many families, there are several financial assistance programs and options to help cut the costs of care for seniors with limited resources.
Our free tool provides options, advice, and next steps based on your unique situation.
Our advisors help 300,000 families each year find the right senior care for their loved ones.
Centers for Medicare and Medicaid Services.Nursing facilities.
Centers for Medicare and Medicaid Services. Medicaid eligibility.
Centers for Medicare and Medicaid Services. 2023 SSI and Spousal Impoverishment Standards.
Centers for Medicare and Medicaid Services. Home and Community-Based Services 1915(c).
Centers for Medicare and Medicaid Services. Program of All-Inclusive Care for the Elderly.
U.S. Department of Veterans Affairs. (2022, October 13). VA financial benefits.
U.S. Department of Veterans Affairs. (2023, February 15). Residential settings and nursing homes.
Medicare.gov. Skilled nursing facility care.
Medicare Interactive. Medicare Advantage and home health.
Medicare.gov. Health care & prescriptions in a nursing home.
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