Best Probate Attorneys in Manchester, NH

Massachusetts Guide to Medicaid for Seniors As a retiree, you will likely rely predominantly on Medicare to cover healthcare expenses during your “Golden Years.” Although Medicare will cover most healthcare costs, it does not pay for long-term care services, and there is a good chance you will need that type of care. In fact, when you enter your retirement years (around age 65), you already stand about a 70 percent chance of needing some type of LTC services before you reach the end of your life – and that care will be expensive. While the national average for 2023 was just over $100,000, Massachusetts residents paid over $160,000, on average, for a year of long-term care (LTC) and almost $80,000, on average, for assisted living. Even if you retain private health insurance coverage.