Affordable Assisted Living Tips for You or Your Loved One
You have decided to make the move to assisted living, but this does not mean you need to minimize your quality of life. When making the transition to a new assisted living home, you should find a home that best fits your needs. The cost should not be an obstacle that holds you back. Of course, payment must fit into the equation somewhere, so we have gathered some tips that you can use to help make affordable assisted living possible for you or your loved one.
You have decided to make the move to assisted living, but this does not mean you need to minimize your quality of life. When making the transition to a new assisted living home, you should find a home that best fits your needs. The cost should not be an obstacle that holds you back. Of course, payment must fit into the equation somewhere, so we have gathered some tips that you can use to help make affordable assisted living possible for you or your loved one.
1. Consider your options before making a fast decision.
With the prices of assisted living going up, you do not have the time or money to waste on making a quick decision. You will save a lot, in many areas, by researching assisted living homes before picking one. Evaluate the accommodations of each facility, factoring in your medical and personal needs. Consider the location, community, extracurricular programs, and pricing. Save money by giving yourself or your loved one enough time to really know you are making the right choice.
2. Do not limit your options.
Although you want to stay in your specific location, you may want to consider homes outside of your area. Suburbs or outlying communities may be a better choice financially. Do yourself the favor of checking out all available options before making your decision. You may find more affordable assisted living options just a bit farther away.
3. Be familiar with the facility’s price flexibility (or lack thereof).
It is generally a good idea to be aware of any sort of change in pricing that may occur. Additionally, you should know if you can negotiate monthly fees or rent, if need be. This is another aspect to consider for more affordable assisted living later on down the road.
4. Ask about benefits you may qualify for.
If you have served in the armed forces, you may have access to more affordable assisted living options. You can find out by asking The Department of Veteran Affairs what benefits you may be eligible for. If you have any questions about opportunities or conditions that you think may help with costs, it’s worth bringing up.
5. Look into long-term care insurance.
Assisted living can be expensive, and often the care needed for you or your loved one cannot be paid out of pocket. Medicare and Medicaid do not always cover all services, so it is important to consider other options to be prepared. Long-term care insurance provides you with the coverage to address any costs that you may not expect. The most important step to saving money with assisted living is having a plan, and long-term care insurance helps you make that plan.
More Affordable Assisted Living in Eugene and Springfield
If you are searching for an assisted living facility, we encourage you to choose a facility that you love. By following a few tips, you can make assisted living more affordable for you or your family. If you would like to learn more about our assisted living options at Gateway Living, please give us a call or contact us online today.