In this survey, New York “only” comes in fifth in the country on the list of most expensive annual cost for a private room at a nursing home. The survey is using median rates, and also averaging the cost of nursing homes throughout New York State. On Long Island, the cost of a semi-private room is right around $430/day. That translates to $146,000 annually. Each year. $146,000.00.
If you find this as shocking as I do, you should contact an elder lawyer who may be able to help you protect your hard-earned assets.