Looking into long term care options? The first question everyone wants answered is, “How much will it cost me?”.
However, there are a variety of factors that impact this answer. Click the tabs above to get your question answered.
First step, add up all of your current monthly expenses for living in your own home. This includes: mortgage, utilities, groceries, entertainment, property taxes, home insurance, auto insurance, etc.
Once you have that total number we can move on to the next step.
To learn more about your Financial Aid Options visit the pages listed below.
Here at Alba Court, we accept a variety of aid including VA Aid and Attendance and Medicaid waivers.
Once you have your current expenses and know what your Financial Assistance looks like, you can start looking around at Assisted Living Facilities.
If you have Medicaid, not all Assisted Living Facilities accept it. Finding a facility like Alba Court that accepts medicaid will help you save on your monthly expenses.
There are a few factors to consider when looking at the cost:
Once you have decided on which size room, floorplan and level of care you need. You can contact your insurance company and see how much they will cover or support.
Subtract your aid and then you will have your final number!
You may be asking yourself what is included for this price?
Almost all of your local Medicaid programs will cover some of the assisted living costs for their eligible members. However, similar to Medicare, Medicaid does not pay for the cost of living in an assisted living community (rent). For qualified seniors, Medicaid does pay for these assisted living services: Nursing care.
As a veteran, you may qualify for more aid than you thought. This government-funded pension benefit was built to aid senior veterans and their spouses to pay for assisted living.