How is assisted-living paid for?

When someone hears the cost of assisted-living many times they throw up their hands and say “I can never afford that!”   Let me give you some ways that will help you cover the cost.

  • Long term care insurance

  • Life insurance

  • Veterans benefits

  • Consider selling or renting if you own your home

  • Reverse mortgage

  • Bridge loan

  • Annuity

  • Medicaid

Feel free to call Althafer Senior Placement, Assisted Living and Options at 386 689-0907 to go over the options available to you.