2024 Nursing Homes Costs in Chicago

For seniors requiring round-the-clock health and personal care, a nursing home stands as an ideal choice. Currently, over 1.3 million people in the US make their homes in nursing facilities, a figure that’s on its way to doubling by the year 2030. If you or someone close to you is thinking about moving to this form of senior living, getting a handle on the financial aspect is key. Here’s what you need to know about the costs of nursing homes in Chicago, Illinois.

What is a Nursing Home?

Nursing homes are for seniors who don’t need a hospital but do require a higher level of care than can be provided by home care or assisted living. Residents usually need some type of medical attention as well as assistance with daily activities. Nursing homes provide care plans, regular health evaluations, and structured days filled with social opportunities and engagement. In most nursing homes you’ll find:

• Full-time Health Care
• Personal Care Assistance
• Skilled Nursing Services
• Medication Management
• Social and Recreational Activities
• More

About Chicago

Chicago, Illinois seamlessly fuses Midwestern charm with the vibrancy of a major city. Key attractions like Millennium Park, housing the famous Cloud Gate sculpture (“The Bean”), Navy Pier with its wide variety of shops and dining options, and the world-class museums along Michigan Avenue, contribute to the city’s allure. With a population exceeding 2.7 million, (over 10% aged 65 and above), this bustling urban center embodies the resilience and welcoming essence of Illinois.

2024 Nursing Homes Costs in Chicago

The national average nursing home costs are $8,669 per month for a semi-private room and $9,733 per month for a private room. Although actual costs will vary by facility and amenities offered, the averages in Chicago are $8,669 per month for semi-private and $11,863 per month for private.

2024 Cost Comparison

Let’s take a look at the cost of nursing homes in Chicago compared to other senior care options:

How to Pay for a Nursing Home in Chicago

Apart from personal savings, there are various options available to assist with long-term care expenses when the need arises.

Health Insurance

Health insurance is one avenue to explore. While long-term care insurance is usually distinct from most health insurance policies, some medical services within a nursing home may be covered under health insurance in specific circumstances. You can inquire with nursing home administrators about categorizing your expenses into areas like custodial care, medical care, and room and board to determine if any are eligible for health insurance reimbursement. Generally, health insurance doesn’t extend to personal care or living costs. However, carefully reviewing your health insurance policy is essential to ascertain any potential coverage for skilled nursing or other medically necessary services.

Veteran Benefits

The VA will cover the cost of many services under standard health benefits. Veterans may be eligible for Community Nursing Homes, which are residential care centers and skilled nursing facilities, paid for by VA benefits.

To see a full list of long-term care services and to apply for assistance, check out these resources:

Va.gov

VA Nursing Homes, Assisted Living, and Home HealthCare

Veterans Service Organizations – Chicago Regional Office

Medicaid

Medicaid is a joint federal and state program that helps low-income individuals pay for care. It can help with the cost of both custodial and medical care. Every state has different qualification requirements.

For eligibility and enrollment in the state of Illinois, visit these resources:

Illinois Medicaid

Illinois Healthcare and Family Services

10 Best Ways to Pay for Nursing Home Care