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According to Genworth’s 2019 Cost of Care Survey, the national median cost of assisted living is over $4,000 per month. While these costs can vary depending on multiple factors like location, services, room type, and amenities, it’s not uncommon for individuals to pay anywhere between $30,000 and $70,000 in annual senior living costs. At any price and regardless of their socioeconomic status, the cost of senior living is often a shock for most older adults, no matter how well they’ve planned and budgeted.
Many families strategize to cover the costs of senior living through a combination of private funds that include things like:
The problem? Sometimes, this planning still falls short. And just as many industrious Americans spend their lives working and saving for retirement, but because of other factors and extenuating circumstances, they can’t fully fund assisted living on their own. The search for affordable senior housing and the means to pay for it isn’t always clear. The good news is that there are some government programs that individuals can use to help pay for medical care and/or assisted living. But what is truly covered in these programs?
Medicare is the federal health insurance program that’s designed for people age 65 and older, as well as some younger people who have disabilities. In the same way that most other health insurance companies do not cover the cost of long-term care services, Medicare does not pay for the cost of room and board or personal care in any type of assisted living community.
In fact, Medicare does not cover any of the costs of assisted living—with a few notable exceptions. Under a Medicare plan, individuals are covered for medical costs incurred while a senior is in assisted living. The only other exception? Some Medicare Advantage plans may pay for personal care assistance for persons who reside in assisted living because they need memory care, as granted under Medicare Part C.
Medicaid is often mistaken for Medicare, but there are differences between the two programs. While Medicare is mainly for seniors over the age of 65, Medicaid is a joint program between the federal and state governments that’s designed to help those with low income and limited assets to find ways to cover the costs of healthcare services, including long-term care.
Medicaid assistance for assisted living and senior care communities varies by state since Medicaid is funded jointly by both the federal government and state governments. While the federal government sets guidelines for how each state needs to spend its Medicaid dollars, each state is given leeway to set its own policies within these guidelines, which is why Medicaid coverage for senior care communities is different from one state to the next.
Many states offer long-term care to Medicaid beneficiaries or some level of financial support with the cost of assisted living, either through Medicaid or Medicaid waivers. One important consideration? In assisted living communities, Medicaid doesn’t cover the cost of basic room and board the way it does for nursing home residents who need more intensive care.
Medicaid for long-term care has different resource rules in place than other programs in Colorado. The state’s Medicaid program, Health First Colorado has its own set of guidelines for long-term senior care. Under Health First Colorado, all resources are considered assets, including:
For Medicaid assistance with the cost of senior living, Colorado residents must total up all of their assets to determine how much you have in available resources. Colorado law dictates that a single person can only have up to $2,000 in assets, with a few exclusions like your car and home, up to a value of $589,000. For married individuals, a non-applicant spouse can retain as much as $126,420 in joint assets. Therefore, Medicaid is for those Seniors who have limited Resources and only certain Assisted Living Communities are built to take Medicaid residents. You must check with the facility to see if they accept Medicaid.
While it’s true that under Medicaid, no state can pay for room and board costs in assisted living, states have other means by which they can control these costs. These strategies include:
The U.S Department of Veterans Affairs (VA) offer pension funds to eligible wartime veterans and their surviving spouses who have limited income levels and assets. This is an increase from the regular monthly pension, but many veterans and their families don’t know about this higher pension. For veterans and their surviving spouses who require assistance in the performance of daily activities, funding is available to pay for things like tasks of daily living.
Sometimes, these programs just aren’t enough, and in many instances, there’s not much that they cover. This is where long-term care insurance comes into play. Many of these insurance policies cover expenses at accredited assisted living communities, and depending on each policy, many assisted living communities may be covered by long-term care insurance.
Premiums for long-term insurance varies greatly depending on location and how much coverage individuals choose. This insurance is flexible based on the kind of care seniors need, including assisted living, nursing homes, and adult daycares. Because long-term care insurance is privately funded, what’s covered differs from plan to plan and provider to provider. It’s important to ensure your community of choice is covered by your long-term care insurance.
Golden Lodge is the area’s newest senior assisted living community, but we’re so much more than that. Our responsibility is to our residents and their families, to ensure they are comfortable and safe, and that they feel valued. If you are considering assisted living for yourself or a loved one but are worried about how you might pay for it, let’s talk. To learn more about our senior living community, contact us today to schedule a virtual or in person tour.
AltaVita Senior Residences is a dream come to fulfillment for the Macy Family. The longtime Longmont locals desired a way to give back to the community in which they grew up. And what better way to deliver on that commitment than to provide a multigenerational housing opportunity for Colorado families: three levels of continuing senior care on one campus in an unmatched, upscale environment. Filling a niche for older folks who want a place to call home for years to come, AltaVita has thought of every lifestyle element that seniors desire and deserve in an adult living community. Here a foundation for a brighter future is built on a unifying philosophy: Always put the resident first. This means providing for all aspects of the aging process 24 hours a day, 365 days a year. People are living longer and healthier lifestyles, and theyre remaining active, says Linda Berens, the campus Executive Director. Because of that many are looking for a multi-tiered campus offering continuing care within the familiar lifestyle. From involving family members in each residents life to creating a secure residence for those with advanced memory-related illnesses, AltaVitas well-designed campus and comprehensive services are built from the ground up to address and enhance every moment of daily living. One AltaVita residents family member said it best recently: I cant truly convey the appreciation I have for all that you have done. You have all been such a blessing to my mom and our family. The AltaVita team holds one another to a higher standard, which honors the important work they do, assisting the people who need them most. Enrich and enhance the lives of everyone we serve with respect and excellence: the AltaVita mission is confirmed daily by all the smiling faces. Three levels of care on one campus AltaVitas Longmont campus consists of the Memory Care Community, which opened in 2012; the Assisted Living Community, which followed in 2016; and the Independent Senior Living Community, which opened in June 2019. By building the community in three phases, planners have been able to thoughtfully design each building with residents in mind, taking into consideration the type of care they need and the amenities that will best suit them, explains Don Macy, owner.Memory Care Dr. Haleh Nekoorad-Long, M.D., a certified geriatric psychiatrist, is the medical director of AltaVita Senior Residences and works primarily with aging adults and issues regarding dementia, depression, and bipolar disorder. Recognized by the Alzheimers Association as a Leader in Dementia Care, the AltaVita Memory Care Centre is setting a new standard in Colorado for exceptional care for people with memory-related issues. AltaVita Memory Care Centre runs an adult day program, with respite services in suites specially designed for residents with Alzheimers and dementia. Additionally, care is customized for every residents level of dementia, ranging from acute medication management to the sense of freedom that comes with visiting AltaVitas beautiful garden patios and spacious, secure courtyard.Assisted Living With access to the same welcoming outdoor landscape, the AltaVita Assisted Living Community offers an upscale service focused intention. On the main level a great room welcomes visitors with a cozy fireplace, tavern, bistro and ice-cream parlor, and plentiful seating areas. The second floor overlooks the great room and features a large community room for varied activities as well as a comfortable lounge. Inclusive to the Assisted Living lifestyle are three meals every day, housekeeping and laundry services, social and recreational activities, 24-hour staffing, medical transportation, and emergency and nurse call systems. Independent Senior Living This is AltaVitas newest addition to the campus, a community for active adults who would like the enrichment of community life free of the responsibilities of home repairs. This maintenance-free lifestyle, including housekeeping, dining and transportation services, is designed to maximize that freedom and minimize those pesky daily duties. The new three-story building contains 84 stylish apartments with nine different floor-plan designs ranging from one bedroom, one bath to two bedrooms plus den and two baths. All include full kitchens, walk-in closets, large showers, washers and dryers, and private patios. The independent lifestyle program includes top-notch services and amenities like a full-service salon, fitness center, wellness programs, Tai chi classes, bistro and bar, housekeeping, and restaurant-style dining room. And when the outdoors beckons there is easy access to hiking, biking, and walking trails. On behalf of the family, we wish to extend our gratitude to such an excellent place for Vern to live, report family members of the experience of their loved one at AltaVita. The friendliness of the staff is beyond compare. We are very impressed with the quality and freshness of the food; the execution of meals; the presentation of such meals.Whole-life WellnessAltaVita believes one of the most important aspects of maintaining good mental and physical health among an aging population is lifestyle. And thats where AltaVita really shines. Supporting every part of the individual, AltaVita subscribes to Whole-Life Wellness. The methodology is envisioned to enhance residents health through seven critical aspects of wellness: social, emotional, spiritual, environmental, vocational, physical, and intellectual. For more information on AltaVitas progressive approach to maximizing the lifestyle of seniors, visit altavitaliving.com or call 888.745.8268 to schedule a free tour.
As we age, maintaining cognitive health becomes increasingly important. Research shows that engaging in stimulating activities can help preserve mental acuity and potentially delay the onset of cognitive decline. 1,2Brain Training Strategies - Keeping your brain active involves a multifaceted approach:Cognitive Exercises Play challenging games like Sudoku, crossword puzzles, and chess Try memory-building activities like memorizing to-do lists Learn a new language or musical instrument Take classes at local community centers1 Lifestyle Modifications Change routine activities to challenge your brain Read instructional books Try new hobbies and crafts Engage in creative activities2 The Science Behind Brain HealthResearchers emphasize that brain training is not a guaranteed prevention for dementia, but it can be beneficial. The Advanced Cognitive Training for Independent and Vital Elderly (ACTIVE) study demonstrated that targeted brain training can help seniors maintain mental skills.2Physical Activity and Cognitive Function - Physical exercise plays a crucial role in brain health. Studies have shown that: Regular physical activity can benefit cognition across the lifespan3 Older adults with higher levels of physical activity experience slower cognitive decline4Holistic Approach to Brain Health - Experts recommend a comprehensive strategy: Maintain a healthy diet Get adequate sleep Manage stress Stay socially active Follow medical advice for existing conditions1 Promising ResearchOngoing studies are exploring "cognitive super-agers" - individuals in their 80s and 90s who maintain exceptional mental performance. Researchers hope to uncover strategies that can help others prevent age-related cognitive decline4 Key TakeawayWhile there's no guaranteed method to prevent all forms of cognitive decline, staying mentally and physically active can significantly contribute to maintaining brain health as we age. The most important factor is to remain engaged, curious, and proactive about your cognitive well-being.References:1 - Brain Training for Seniors - familydoctor.org2 - Brain Exercises: Can They Help Older Adults? 3 - Physical Activity, Aging and Brain Health4 - How the Aging Brain Affects Thinking | National Institute onAging Editors Note: This article was submitted by Craig Luzinski, CEO of Hover Senior Living Community. For more information, please call Hover Senior Living Community at 303-772-9292.
April showers bring May flowers and a dusting of pollen. While we welcome the arrival of warmer days and sunny skies, many Seniors Helping Seniors clients face symptoms from springtime allergies. As we age, weakened immune systems or pre-existing health conditions can make older adults more vulnerable to allergies. With the allergy season peaking in April, symptoms like congestion, itchiness, and sneezing often come in full swing. If youve been struck by spring fever this year, the Seniors Helping Seniors team wants to help. In this blog, well review seven senior-focused tips for navigating the allergy season. Keep reading to discover our best advice for enjoying the beauty of spring while minimizing the annoying symptoms of allergies.Springtime Allergy SeasonColorful flowers, lush leaves, and warm sunshine beckon seniors to venture outside and enjoy the natural spring beauty. However, with all the new growth comes an increase in tree, grass, and weed pollen that can lead to itchy eyes and stuffy noses for many people. Spring weather can also be unpredictable, with fluctuations in temperature and precipitation affecting pollen levels and worsening allergy symptoms. The Seniors Helping Seniors family cares about your well-being this spring, and we encourage you to take necessary precautions to protect yourself from excess pollen exposure.Many seniors, especially those with pre-existing health conditions such as asthma, chronic obstructive pulmonary disease (COPD), or cardiovascular issues, experience more severe and prolonged allergic reactions. Persistent symptoms may interfere with daily activities, sleep, and overall well-being. The Seniors Helping Seniors team wants to ensure you enjoy the beautiful weather this spring. Below, youll find our best tips for managing seasonal allergies. Monitor Pollen LevelsPollen levels can change quite a bit throughout the day, depending on various external factors. But dont worry! Local weather forecasts and other online references make it easy to keep track of pollen levels. When pollen counts are high, limiting your time outdoors might be a good idea. If you need help accessing digital resources, your friendly and helpful Seniors Helping Seniors caregiver can lend a hand! Invest in an Air PurifierAir purifying devices boost indoor air quality by clearing out airborne particles like pollen. They work wonders in refreshing rooms that often gather contaminants, leaving behind noticeably cleaner and fresher air. Adding one to your home is a simple and effective way to create a healthier environment for you and your loved ones. Keep Windows ClosedWhile opening windows can bring in fresh air, it also invites pollen and allergens indoors. If you struggle with severe allergies, keeping cool with AC might be a better choice. And dont hesitate to ask your Seniors Helping Seniors caregiver to help you tidy up those pollen-prone spots in your home. Theyre here to support you in creating a comfortable and allergen-free environment. Replace Air Filters in Your HomeIts important to change the air filters in your home every three months. If its been a while since you last replaced them, spring is the perfect time to do so. High-efficiency particulate air (HEPA) filters offer extra protection against pollen and other contaminants. The extra shield helps maintain a healthier indoor environment for you all season long. Wear Protective ClothingJust as youd apply sunblock before spending time under the sun, its important to take precautions to minimize pollen exposure during allergy season. Before going outside, put on a wide-brimmed hat, sunglasses, and a pollen mask for added protection. And after enjoying the outdoors, dont forget to take a shower to wash away any lingering pollen from your skin and hair. Stay HydratedDrinking enough water each day offers numerous health benefits. It not only keeps you hydrated but also helps flush out pollen and other pollutants from your system, easing allergy symptoms such as dry throat and nasal congestion. Dont forget to carry a reusable water bottle with you its a simple way to stay hydrated and feel your best throughout the day.Consult a Healthcare ProfessionalIf youre experiencing severe symptoms that you cant manage at home, dont hesitate to contact your doctor. They can prescribe allergy medication to help ease the effects of pollen and other irritants. If you need transportation to your appointment, your Seniors Helping Seniors caregiver would be more than happy to give you a ride.Spring brings a sense of renewal and promise with longer days and warmer temperatures. The Seniors Helping Seniors family understands how vital it is for seniors to embrace this rejuvenating season without the burden of seasonal allergies holding them back. We hope this guide has offered valuable insights to help you navigate and manage pollen exposure this spring. Remember, our compassionate Seniors Helping Seniors caregivers are here for you, ready to provide the caring support you need to enjoy every moment of this special season.
We offer a whole-person approach to memory care focuses on meeting Residents needs while creating an inviting family atmosphere. We offer three secured neighborhoods with a total of 36 studio apartments and a secured courtyard to enjoy the outdoors. The community is overseen by our experienced Director of Care Staff and is staffed 24/7 with team members who are trained in Dementia Care.
Nestled at the base of the foothills Golden Lodge is a new senior living community committed to providing a comfortable and secure lifestyle. Programs and services are matched to the needs of individuals requiring assisted living and those who need extra support due to memory loss. We support each residents' individuality and preferences by creating a warm, inviting atmosphere where residents choose how to spend their days, all while getting the assistance and care when and if they need it. We welcome you to call the Lodge your home and enjoy all we have to offer, including peace of mind.