Does Medicare Cover Assisted Living?
In most cases, Medicare does not offer coverage to help pay for assisted living care or long-term care. Let’s look at Medicare, Medicaid, and other alternative options to finance assisted living costs.
What Is Assisted Living?
Assisted living facilities are settings where seniors live independently for the most part but are provided with assistance when needed. Assistance, of course, will vary based on the individual’s specific needs, such as mobility issues, transportation needs and medication.
If living at home has become a bit too hard or dangerous, then it may be time to think about assisted living. Some facilities will be in a residential-style neighborhood or in a large complex.
Assisted living features:
- Medication monitoring
- 24-hour care
- Three meals per day
- Personal care
- Social activities
- Housekeeping/laundry
Assisted Living Coverage Options
When deciding which care situation is right for your loved one, total cost is always a top priority to keep in mind. The prices of assisted living will depend on location, services, amenities, accommodations, and floorplans.
When you select the care level you’d prefer, you will need to understand how the expenses will be covered and if Medicare can help with any costs.
Does Medicare Pay For Assisted Living?
Oftentimes, Medicare does not extend coverage to handle assisted living or long-term care costs. However, there are a few situations where Medicare will cover certain qualified healthcare costs at specific facilities.
Medicare is usually used to cover the prices of home healthcare that’s provided by skilled nursing facilities.
Does Medicaid Pay For Assisted Living?
The Arizona Long Term Care System (ALTCS) does pay for care-related services for Arizona residents living in these facilities. The System, however, will not pay for room and board. Assisted living residents will pay for basic living expenses based on their coverage and location.
Alternative Ways To Pay For Assisted Living
If possible, it’s always a wise idea to purchase health insurance policies that will cover some portion of assisted living and long-term care costs. Thankfully, a lot of insurance policies will provide this coverage.
It is quite common for residents to pay for a portion of the costs out of their own pocket. There are some circumstances where the Veteran’s Aid and Attendance Pension can help cover costs.
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