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{"id":14335,"date":"2015-03-16T20:36:48","date_gmt":"2015-03-16T20:36:48","guid":{"rendered":"http:\/\/www.seonewswire.net\/2015\/03\/financing-long-term-care-in-new-jersey\/"},"modified":"2015-03-16T20:36:48","modified_gmt":"2015-03-16T20:36:48","slug":"financing-long-term-care-in-new-jersey","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2015\/03\/financing-long-term-care-in-new-jersey\/","title":{"rendered":"FINANCING LONG-TERM CARE IN NEW JERSEY"},"content":{"rendered":"
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by Thomas D. Begley, Jr., Esquire, CELA<\/p>\n

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  1. INTRODUCTION<\/strong><\/li>\n<\/ol>\n

    Statistics show that approximately 60% of the population age 65 or over will require some form of long-term care. Some will be there for relatively short periods of time. These are usually stroke victims who are doing rehabilitation. A significant percentage will remain in a nursing home for an extended period of time. These are usually Alzheimer’s or Parkinson’s patients.<\/p>\n

    A statistic widely quoted is that the average stay in a nursing home is 2.9 years. This statistic is somewhat misleading, because the persons receiving rehabilitation are often discharged in six months or less. The long-term patients may stay in the nursing home for many years.<\/p>\n

    Unfortunately, as the population ages, the cost of health care is increasing, and government entitlement programs are being cut back. The cost of a nursing home in New Jersey today is approximately $125,000 – $150,000 per year. Some nursing homes (more…)<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    by Thomas D. Begley, Jr., Esquire, CELA INTRODUCTION Statistics show that approximately 60% of the population age 65 or over will require some form of long-term care. Some will be there for relatively short periods of time. These are usually…<\/span><\/p>\n