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Question To Ask About Assisted Living
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If you are looking for an assisted living facility for your loved one, then you should know what questions to ask. Some of the questions to ask about assisted living include details about the staff’s qualification, the level of care the facility offers, whether it accepts Medicaid, what is the basic cost of the facility, what services cost additional and what activity programs they have. More...
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Cost Of Assisted Living
In the US, the cost of assisted living differs from one facility to another. In fact, the cost may differ even in the same city. This is because the cost depends on the type of service a person requires. While the cost of assisted living has increased, according to Genworth Financial, it is probably because the types of services offered by facilities have also increased. At the moment, it is claimed that the cost is a little above the average inflation rate, and it about 4.5 percent. More...
Will Medicaid Pay For Assisted Living ?
Usually, when it comes to assisted living, majority of the facilities in the US come under the Medicaid scheme. Hence, elderly with limited income or no income can use Medicaid to pay for assisted living. Medicaid is a state and federal run welfare scheme that pays for healthcare for people who fall in the low income bracket. Every state in the US has its own Medicaid scheme and hence, the eligibility criteria differ from one state to the next. More...
Elderly Assisted Living Financial Advice
Typically, it has been seen that most average people in the US end up paying for assisted living with their own money along with some help from the Social Security, pension schemes and savings. At times, people also use reverse mortgage to raise money to pay for assisted living. However, if such seniors had gotten proper financial advice, this would not have been necessary. More...
Advantages And Disadvantages For Assisted Living
As a person grows old, many questions are raised about where the person is going to live. While most seniors want to live at home, close to their friends, acquaintances and family, there are some who just cannot live on their own. Such seniors may end up choosing assisted living. When it comes to an assisted living, there are advantages and disadvantages that need to be weighed before making a decision. More...
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If you want to save taxes on medical treatment, then it is imperative that you know what should be documented in assisted living facilities. Furthermore, there is also the documentation that the facilities should have which is considered mandatory. So, basically there are two parts to what should be documented.