Understanding Your Financial Options for Senior Care
We understand that everyone has unique circumstances to help determine how they can best afford the cost of senior living. Aside from traditional savings or the sale of a home, seniors may qualify for some additional financial options.
- Long-term Care Insurance
- Veterans Benefits / VA Insurance
- Retirement Accounts
- Pension Fund
- Annuities / Mutual Funds
- Life Insurance
- Investment Income
Important Points to Remember
Medicare does not cover assisted living costs such as room and board or personal care. Medicare can cover medical expenses within an assisted living facility.
It is important to assess your financial situation and explore all available options to determine the best way to pay for Assisted Living. Figuring out how to pay for assisted living can be confusing and stressful. Need assistance? Contact: Ivan Barajas
Director of Clinical Services and Outreach
Mobile: 310-757-3036
Email: gbarajas@nazarethhousela.com