Alderbrook Village assisted living community offers personalized assistance, supportive services and compassionate care in a professionally managed, carefully designed, community setting. It’s the perfect alternative for seniors who want the privacy of an apartment home with the safety and security of round-the-clock care services. With professional and caring staff available 24 hours a day, 7 days a week, you can rest assured that you or your loved one is in good hands.
Our approach provides the ideal solution for seniors who need some help with daily activities, such as bathing, dressing and medication management. At Alderbrook Village we focus on wellness and enabling our residents to be as independent as possible. Our residents enjoy beautiful living spaces, delicious meals, engaging social activities, transportation, and personalized assistance and care. Your Alderbrook Village community is dedicated to providing the help seniors need, the supported independence they desire and the opportunity to take pleasure in a healthier, more productive and enjoyable life.
Let’s start with your private funds. What do you earn on a monthly basis from social security, pension, and other income? Most independent living, assisted living, and Continuing Care Retirement Community fees are paid for privately. Most skilled nursing communities accept Medicare and Medicaid. Many seniors and families do not realize how much disposable income they have when they no longer have to pay for costs related to owning a house. Things like property taxes, insurance, home maintenance, yard maintenance, utilities, basic phone and cable – all these things add up. When you are looking for a senior living community, know that many of these costs will no longer need to be paid for out of your wallet, and be sure to itemize what is included in a community’s basic monthly cost. By doing so, you may realize you have much more disposable income to contribute to your cost of senior living or senior care, than you originally thought. Thankfully, in addition to private funds, financial help and financial assistance for senior living is available through the options detailed below.
Most people mistakenly think that a reverse mortgage can help them pay for senior housing or care. Yet with reverse mortgages, one must typically be living in his or her home. So if you are moving out of your home and into a senior living community, a reverse mortgage may not be an option. Obtaining a loan against your home equity instead could help you obtain the funds you need to pay your retirement community entrance fees and monthly service fees.
If you or your loved one purchased a long-term care insurance policy years ago, now may be the time to file a claim. If you are caring for a loved one, you may not have even thought of asking them if they have such insurance. A long-term care insurance policy typically contributes a daily dollar amount to your senior care or senior housing provider for a specific period of time. For example, a policy may pay $100 a day. This insurance can typically pay for home care, assisted living, adult daycare, respite care, hospice care, nursing, or an Alzheimer’s community your loved one may be living in. If you or your loved one thought ahead and have such a policy, it’s time to dust it off the shelf and consider using it.
Are you, or is your loved one, a veteran? A spouse of a veteran? Veterans who were active at least 90 days where just 1 of those days was during a period of war may be eligible for a benefit to help them pay for senior living that requires assistance with Activities of Daily Living (“ADLs”). One of our knowledgeable associates can connect you to professionals accredited by the United States Department of Veteran Affairs who can help you obtain the information you need to get the benefits you or your loved one deserves. Financial help for assisted living is available so call us today to learn if your veteran may qualify.