Bargaining for Long Term Care

You may be shocked to read this, but bargain shopping for products and services is no longer limited to those big price tag purchases, such as buying a home or a car.  Instead, as national long term care prices continue to soar, there may be some light at the end of that dark tunnel: some long term care providers and facilities are amenable to bargaining for the services provided to your loved one.  Of course, if your loved one’s financial situation is such that they would be able to pay for the services regardless of whether bargaining was ever mentioned, then it is more likely than not that the service provider will stick to their initially quoted price.  However, if paying for the advertised price for services would create a substantial hardship, it is better to be honest with the service provider and see if they are willing to work with you on the price paid for the service.  Keep in mind, although choosing long term care providers for a loved one is almost always a family decision, only your loved one receiving the care services is legally responsible for paying for the care received (either through private payment, long term care insurance, or government assistance).

To learn more about the average cost of long term care services provided in your area and how to work toward bargaining for long term care services, please read this article.

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