One of the first questions many people ask is “how much does assisted living cost?” Finding affordable assisted living facilities can be a challenge, but with due diligence and plenty of research, you can keep the cost of assisted living down. When you follow these tips, you can reduce the financial strain of putting an aging loved one into an assisted living facility.
Not all assisted living facilities cost the same as others, nor do they offer the same amenities. For this reason, it’s important to research each facility you are considering as closely as possible. Compare the cost of assisted living with the amenities that are included, considering all the extras your loved one may want or need. It’s important to make the right decision the first time because it can be more expensive to move your loved one once they are settled.
Most people understand the importance of health insurance and life insurance, but few consider the value of investing in long-term care insurance. This type of insurance is designed to help pay for assisted living facilities so your loved one can get the necessary care without paying as much out of pocket. This insurance can fill in the gaps left by Medicare and other insurance options.
Certain groups offer benefits to individuals who may need help with the cost of assisted living. For instance, if your loved one is a veteran, they may qualify for benefits via the Veterans Administration. Be sure you talk to the VA to determine if your loved one qualifies and if so, for what. This can help offset some or all of the expenses associated with assisted living.
Assisted living can be overwhelming if you’ve never dealt with it before, which is often the case. In these situations, it may be beneficial to talk to a professional to ensure you understand assisted living and meeting your loved one’s needs. While you want to find the most affordable assisted living possible, it’s also important to make sure it’s a good fit for your loved one and will provide the necessary care and amenities. Someone familiar with assisted living can help you make the right decisions.
Affordable assisted living facilities do exist, despite the difficulty in finding low-cost options. Learning how to find the most affordable options will ensure your loved one can get the level of care they need without creating a lot of debt. There’s no need to spend a lot of money on assisted living when there are options that can help reduce your costs.
If you’re looking for affordable assisted living facilities for your loved one, contact us. The Village at Oakwood can provide the quality service your loved one needs for less.