What are the Costs of Long Term Care Services in Louisiana?

 

 

The major cites listed below from LA reflect the average Long Term Care 
costs for a Nursing Home and Home Health Care Services.

City Nursing Home Home Health Care
Daily Cost  Monthly Hourly 8-Hour Shift
New Orleans $95.00 $2,850.00 $14.00 $112.00
Shreveport $88.00 $2,640.00 $13.00 $104.00

Combined Average: $91.50 $2,745.00 $13.50 $108.00
If you are faced with a situation where you, your spouse, or your parents require long-term care, where will the money come from to pay for it? Many families today are two-income families and need both incomes to meet their current financial needs. There is not enough extra money for a long-term care stay particularly if one of you loses the ability to earn an income because of an accident or illness. With the average costs listed above in mind, again,  where will the money come from to pay for it?

Is Medicaid an option?        Is Medicare an Option?