Payment Assistance Options
May 15, 2021 / Financial Assistance
When it comes to assisted-living communities, most offer all-inclusive or fee-for-service pricing. All-inclusive includes rent, meals, and services, such as housekeeping and transportation. Fee-for-service means that residents will pay for only the specific services that they use. Typically, it is more affordable to choose an all-inclusive model if you or your loved one will be using a suite of services.
The average monthly cost of assisted living across the United States is over $4,000. Alzheimer’s and memory care costs can be even higher. Because of the rising price of assisted living, many require financial assistance.
Medicaid
Financial assistance from Medicaid for assisted living comes through a mix of Medicaid programs. Medicaid’s assisted living benefits can be complex. This is why it’s important to work with an expert who can help you understand your options.
Veterans’ Programs for Assisted Living
For veterans, there is financial assistance requiring assisted living. This comes in the form of a pension called the Aid and Attendance Benefit. Eligibility can be complicated, and there are wait times for approval. So, you will want to work with a specialist who understands the requirements and processes.
The Veterans’ Directed Care Program is another option that enables veterans to control how their care funds are spent. This can include personal care attendants for veterans residing in independent living.
State Programs
The Arizona Long Term Care System (ALTCS) is part of the Arizona Health Care Cost Containment System (AHCCCS). The state operates ALTCS by providing care, including nursing home care and home and community-based services (HCBS) on a managed care model. Services and benefits are an entitlement, which means that anyone who meets the eligibility requirements are ale to receive services.
Navigating this managed care delivery model is challenging. To learn more about your payment assistance options, contact the experts at Senior Care AZ.