Can we afford assisted living?

Anonymous asked May 26, 2015

Most people can afford assisted living because of the benefits available from VA, and oftentimes from Medicaid. Other avenues include cashing in life insurance policies, and working with finance companies such as Elderlife if the home must be sold. Call us for more specific answers for your state, as it does vary from state to state.

1 answer

Staff May 26, 2015

You probably can. Programs such as VA and Medicaid often contribute, and we can help you decide what is affordable for your parent. Medicare, by the way, does not pay for Assisted Living.

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