It doesn’t pay to get old — nursing home costs are through the roof
The rising costs of nursing homes and elder care are becoming a significant burden for many families. With expenses ranging from $10,000 to $18,000 per month, financial eligibility for Medicaid is crucial for those without assets. The challenges of securing nursing home placement can lead to long waits for patients who lack financial resources.
- ▪Nursing home costs can exceed $10,000 per month, depending on the level of care and room type.
- ▪Medicaid provides coverage for long-term nursing care if individuals meet medical and financial eligibility requirements.
- ▪Patients without assets or Social Security numbers often face significant delays in transitioning from hospitals to nursing homes.
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Cindy Adams Opinion It doesn’t pay to get old — nursing home costs are through the roof By Cindy Adams Published May 26, 2026, 7:25 p.m. ET The Post's Cindy Adams explores the high costs some senior citizens and their families must pay in order to get proper elder care. Ocskay Bence - stock.adobe.com See more of our coverage in your search results. Add The New York Post on Google The sick cost of falling ill “A nursing home or assisted living without personal resources is a challenge,” says doctor and administrator for 17 years at NY metropolitan area hospitals Robert G. Lahita, MD, PhD, FACP, MACR, FRCP, director of St. Joseph’s Institute for Autoimmune and Rheumatic Diseases, professor of medicine, Hackensack Meridian School of Medicine. “Acute care beds can cost $600 or more daily.
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