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Many people are concerned about the cost of long-term care for themselves or for a family member.
About half of all nursing home expenses in the U.S. are paid for by patients and their families. Therefore, you should think about how you would cover the cost of nursing home care for yourself, your spouse or family members. And only about two percent of stays in nursing facilities are paid for by Medicare or by private health insurance. Even less assistance is available to meet the cost of care at home or in the community. To see how likely it is that you may, at some point during your lifetime, be in a nursing home, please see Chances Of Being In A Nursing Home.