If you’re considering senior living options for yourself or a loved one, you may be wondering about the cost. Senior living can vary in price depending on several factors. In this article, we’ll discuss the cost of senior living at American House, specifically, and what factors influence the price.
What is American House?
American House is a senior living community that offers a range of living options for seniors. They have locations across several states, including Michigan, Ohio, and Florida. American House offers independent living, assisted living, and memory care options.
Types of Senior Living offered by American House
American House offers three types of senior living options: independent living, assisted living, and memory care.
Independent living is for seniors who are able to live on their own but would like the convenience of having meals prepared for them and access to social activities and amenities.
Assisted living is for seniors who need help with daily tasks such as bathing, dressing, and taking medication.
Memory care is for seniors with Alzheimer’s disease or other forms of dementia who need specialized care.
Cost of Senior Living at American House
The cost of senior living at American House can vary depending on several factors.
Monthly premium for Long-Term Care Insurance (LTCI)
Long-Term Care Insurance (LTCI) is designed to cover long-term services and supports for a monthly premium ranging from $250-$1,000. LTCI allows individuals to design their policy, where they can receive care where they prefer. [1]
Monthly membership fee or dues for independent living communities
As with any real estate development that has a homeowners association, you can expect to pay a monthly membership fee or dues to cover the community costs. This fee might run as low as $300 per month or as high as $3,000, depending on the community’s location and amenities. [2]
The average cost of senior and assisted living
According to Senior Services of America, the average cost of senior and assisted living can range from $2,500 to $5,000 per month, depending on the level of care, geographical location, and amenities.
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