Seniors must pay for their long-term care needs in the U.S.A. and those seniors living in Hawaii are paying more for the luxury of island living when it comes to nursing home care. Let’s hope all of their rooms come with an ocean view as the average cost in the Aloha state for a shared nursing room is $350 per day. Seniors and their families can pay research their local senior care options ahead of time in order to better plan for senior care. Transamerica offers a complimentary financial consultation regarding retirement care costs as Medicare does not pay for ongoing senior care and Medicaid, for low-income seniors, has certain spend-down requirements in order to qualify.
