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I Am Considering Skilled Nursing

Understanding Your Skilled Nursing Options

When you or a loved one needs additional medical care after an illness, injury, surgery, or hospitalization, skilled nursing may be an important part of the recovery process. Understanding your care options, costs, and available benefits can help you make informed decisions.

We can help you understand the financial and planning considerations that may come with skilled nursing care.

Understanding the Cost of Care

The cost of skilled nursing can vary depending on the type and length of care you need, your insurance coverage, and the
facility you choose.

Medicare Part A may cover certain skilled nursing facility services when eligibility and coverage requirements are satisfied. Medicaid may also help with nursing home costs for people who meet their state’s eligibility requirements.

Understanding what your current coverage will pay—and what you may need to pay yourself—is an important part of planning ahead.

What Is Skilled Nursing?

Skilled nursing facility care provides short-term medical and rehabilitation services for individuals who need professional nursing care or therapy. Depending on your needs, care may include:

Skilled nursing services

Physical, occupational, or speech therapy

Medication management

Recovery following an illness, injury, or surgery

Assistance coordinating your ongoing care

Medicare may cover certain skilled nursing services when specific requirements are met. Skilled nursing care is different from long-term custodial care, which generally involves help with everyday activities such as bathing, dressing, and eating.

Waiting until a health crisis occurs can make financial and care decisions more difficult. Planning ahead gives you and your family an opportunity to understand your options and prepare for potential expenses.

Consider reviewing:

Your Insurance Coverage

Understand what Medicare, Medicaid, long-term care insurance, or other coverage may provide.

Your Financial Resources

Review the assets and income that may be available to help pay for care.

Your Care Preferences

Discuss where and how you would prefer to receive care if your health needs change.

Your Legal Documents

Make sure important estate planning and financial documents are current and reflect your wishes.

How We Can Help

Skilled nursing can involve more than choosing a facility. It may also raise important questions about your finances, benefits, assets, and long-term planning.

We can help you understand the planning considerations involved and identify questions you should discuss with your family and professional advisors.

Plan Ahead. Protect What Matters.

If you are considering skilled nursing for yourself or a loved one, now may be the right time to review your options.

What Will Your Next Chapter Look Like?

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DFW55Plus.com, Larry Powell, and Century 21 Mike Bowman, Inc. provide real estate information and housing-transition coordination. This assessment is an educational planning tool that identifies living arrangements and resources that may be worth exploring based solely on the answers provided. Results are generated through predefined matching rules and may be summarized with artificial intelligence. They are not a diagnosis, care assessment, capacity determination, appraisal, financial qualification, facility-admission decision, or recommendation to buy, sell, lease, move, or select a particular provider.

 We are real estate professionals, not your attorneys, physicians, nurses, care managers, financial advisers, tax professionals, or facility-licensing authorities. This tool is not a substitute for advice from qualified legal, medical, healthcare, caregiving, financial, tax, insurance, accessibility, or other professionals who understand the principal’s circumstances. Services, costs, licensing, admission requirements, availability, and suitability vary and must be independently verified.

 Housing and services are offered without discrimination. You remain free to explore any lawful housing option. Completing this assessment does not create a client or brokerage relationship, and submitting information does not guarantee a response or create emergency monitoring. Call 911 for immediate danger or urgent medical help. For suspected abuse, neglect, or exploitation of an older adult or adult with a disability in Texas, contact the Texas Abuse Hotline at 1-800-252-5400 or txabusehotline.org.

 If you are completing this assessment for another person, involve the principal whenever possible and provide personal information only with permission or appropriate legal authority. Review the Privacy Notice before saving or submitting identifiable information. Consult your own advisers before acting on any result.

Shared Living Options

Living well doesn't always mean living alone.

Many older adults are discovering that sharing a home with another compatible adult can be one of retirement's smartest housing choices. Whether you're widowed, divorced, retired, or simply looking to simplify life, shared living may help reduce monthly expenses, provide companionship, increase safety, and make it possible to remain independent longer.

It's not the right solution for everyone, but for many retirees, it's an option worth exploring.

Topics I'll Help You Explore

Why More North Texas Seniors Are Considering Shared Living

Reduce Monthly Housing Costs

North Texas continues to experience rising property taxes, insurance premiums, utilities, and home maintenance costs. Sharing those expenses can make retirement income stretch further without sacrificing comfort. Fixed-income households often feel these increases most acutely. linger+1

Make Retirement Savings Last Longer

Every dollar saved on housing is a dollar that can be used for travel, hobbies, grandchildren, healthcare, or simply enjoying retirement with greater confidence.

Combat Loneliness

Living alone can become increasingly isolating after retirement, the loss of a spouse, or when children move away. Recent AARP research found that 40% of adults age 45 and older report feeling lonely, underscoring the importance of meaningful daily social connection. RP+1

Stay Independent Longer

Many people don't need assisted living.

They simply benefit from another trusted adult nearby.

Shared living can provide companionship, another set of eyes in an emergency, and peace of mind while preserving independence.

Extra Peace of Mind for Families

Adult children often worry when Mom or Dad lives alone.

Knowing someone is sharing the home can reduce anxiety for everyone while allowing parents to maintain their lifestyle.

Share Everyday Responsibilities

Two people can often manage everyday life more easily than one.

Examples include:

Age in Place Longer

For some homeowners, bringing in a compatible roommate may allow them to remain in the home they love for years longer than they otherwise could. Housing experts increasingly recognize shared living as one strategy that supports aging in place by reducing isolation and financial strain.  Choices+1

Is Shared Living Right for You?

It may be worth considering if you:

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YOUR RESULTS

Future Downsizer™

Your responses suggest that downsizing to a smaller, lower-maintenance home could increase your freedom, flexibility, and peace of mind.
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