Expenses

Financial Cost Information

The financial cost to the veteran for residing at the New Hampshire Veterans Home is dependent on the veteran's assets.

• The applicant’s home is not a countable asset if the spouse or civil union partner or a dependent child is residing in the home, or if legal documents demonstrate other ownership.
• There is a required one year look-back of all assets, including the assets of the spouse if the veteran is still married.
• Those with assets exceeding $275,000.00 are not eligible for admission. (This cap is set by the State of New Hampshire.)

Cost of Care

The cost of care is determined as follows:

• With assets between $30,000 and $275,000: The veteran's room and board charges will be as a self-pay resident at a rate of $240.00 per day (subject to yearly change) until spent to less than $ 30,000.
• With assets less than $30,000: the veteran's room and board charges will be based on the veteran's total monthly income * and the following formula:

*Monthly income: Represents all income received from federal, state or private companies, to include, but not limited to social security, retirement of any kind, interest income, annuities, VA disability/compensation check and other income sources received by the veteran including long-term care insurance.

**The l0% difference is for personal needs, and expenses not covered.

Room and board charges include:

Room and board charges include 24-hour nursing care, all VA formulary prescription medications, physical therapy and/or restorative care, transportation to and from medical appointments ordered by the NHVH medical staff, routine dental care, dietary services (three meals per day and snacks), housekeeping and laundry services, basic cable television, resident account services and coordination of VA/pension benefits, social services and recreational activities.

Expenses not covered:

Additional services and/or items that are not included in the room and board charges and may not be covered by VA, Medicare or other private health insurance plans include the following:

• 20% Medicare deductibles and co-pay
• Supplemental health care insurance premiums
• Personal clothing
• Personal toiletries
• Barber/Beautician services
• Eyeglass prescriptions
• Dental/partial plates (new or replacements)
• Private travel
• Meals outside of NHVH
• Personal snacks
• Fees for legal services and/or legal documents
• Entertainment equipment such as televisions and radios
• Hearing aids (new or replacements)
• Some durable medical equipment
• Personal computers, cell phones and private internet service
• Non-covered VA formulary brand name prescription medications

For more information, visit our Frequently Asked Questions section