I live in Rochester, New York, and compared to the NYC and Philly suburbs I've previously called home, Rochester is on the less expensive cost-of-living side. Even in Monroe County, though, the monthly Medicaid reimbursement rate (what the government considers the "average" monthly cost of care) is over $8,000. I have clients whose Alzheimer's care has been costing $12,000 a month for quite a few months.
So does it surprise me that a "downstate" nursing home is charging $15K? No. What does interest me is the author's perceived generational disparity between the "greatest generation" and the "baby boomers" and how much they expect for that $15K.
Thanks to this New York Times's article by Jane Gross.
-Authored by Elizabeth Randisi, a Rochester, New York attorney associated with the law firm WeinsteinMurphy. Her practice focuses on Trusts and Estates and elder law.