Indiana’s estimated senior population, those aged 65+, is approximately 14.6% of it’s total 6.6 million population, according to the Census Bureau. Evidence shows that many elderly will find themselves in need of nursing home care at some point, whether it’s for post-hospital rehabilitation or for more permanent long-term care. Elderly Hoosiers may seek long-term care one of the state’s 558 nursing homes.
Long term nursing homes care can deplete a senior’s assets fairly quickly if the family private pays. While Medicare pays for the first 100 days of nursing home rehab care after a hospital stay, any time after that, costs are absorbed by the senior. Most people don’t know how much nursing home care costs in their area. Unfortunately, few people think of the cost of care until it’s too late to plan.
Indiana senior care planning includes understanding costs of nursing homes in the chosen area, along with their overall ratings. Long-term senior care costs are a concern among our readers and we at Caregiverlist® have an ongoing mission to educate the consumer. To that end, we are constantly updating our nursing home cost database and have released the latest costs and ratings for Indiana nursing homes.
Below is a snapshot of Indiana nursing home costs and ratings:
Total Number of Nursing Homes: 558
Average Single Price: $219
Average Double Price: $180
Average Rating: 2.6 (out of 5) Stars
Star Rating Snapshot:
5-Star: 11
4-Star: 152
3-Star: 254
2-Star: 94
1-Star: 47
Many Indiana seniors and their families will opt to hire an in-home professional senior caregiver if around-the-clock care is not needed. The average hourly rate for senior home care in Indiana is approximately $20 per hour. A quality home care agency will provide liability and worker’s compensation insurance and payroll taxes as required by law.
Are you looking for the best Indiana nursing home whose cost falls below the state average? Miller’s Merry Manor in Wabash, IN fits the bill. This 84-bed long-term care facility is not only one of the highest rated nursing home in our database, with a 4.2 overall star-rating, the cost of a shared room is $161, 10.59% lower than the average double price of $180 in Indiana.
We suggest families consult with a professional to determine what sort of financial action plan can help with the costs of long-term care, before it is needed. Caregiverlist® can also provide a care plan to find senior home care agency options in Indiana and help you learn about the costs for senior care.
Seniors and their family caregivers can research nursing home costs and ratings in any state nationwide through the Caregiverlist® Nursing Home Directory, the only resource with this trademarked information.
