It says the average cost of skilled nursing care (Nursing home) is 168.00 per day. Assisted day cares are of course cheaper, but they don’t necessarily have medication management components. Plus day care would mean that you would quite possibly need someone for night care etc.
For me I have no children, and if I did, its not their responsibility to care for me or I would never make it their responsibility to…so I really feel strongly about researching options NOW while I’m still able.
Also my quote for LTC insurance was for 100% coverage, but you can buy degrees of coverage, like 50% a day, 25% a day, medications components etc.