As the baby boomer generation ages, more and more families are looking for senior living options for their loved ones. But with so many choices available, it can be difficult to know where to start. One of the most popular options for seniors is American House Senior Living. In this article, we will explore the surprising cost of American House Senior Living and what you can expect to pay.
Understanding American House Senior Living
American House Senior Living is a chain of assisted living communities located throughout the United States. They offer a range of services for seniors, including independent living, assisted living, and memory care. Their facilities are designed to provide a comfortable and safe environment for seniors while still allowing them to maintain their independence.
What Factors Affect the Cost of American House Senior Living?
The cost of American House Senior Living can vary depending on several factors. These factors include the level of care needed, the size of the apartment, and the location of the community. Let’s explore each of these factors in more detail.
Level of Care Needed
The level of care needed is one of the biggest factors that can affect the cost of American House Senior Living. If your loved one requires more specialized care, such as memory care or skilled nursing, the cost will be higher. However, if your loved one is still relatively independent and only needs minimal assistance with daily tasks, the cost will be lower.
Size of the Apartment
The size of the apartment is another factor that can affect the cost of American House Senior Living. If your loved one needs a larger apartment with more amenities, such as a balcony or a full kitchen, the cost will be higher. However, if your loved one is comfortable in a smaller apartment with fewer amenities, the cost will be lower.
Location of the Community
Finally, the location of the community can also affect the cost of American House Senior Living. Communities located in more expensive areas, such as major cities or affluent suburbs, will generally have higher costs. On the other hand, communities located in more rural areas or less expensive suburbs will generally have lower costs.
What Are the Costs of American House Senior Living?
Now that we understand the factors that can affect the cost of American House Senior Living, let’s take a closer look at the actual costs.
Independent Living
For independent living, the average cost of American House Senior Living ranges from $2,500 to $5,000 per month. This includes a range of services, such as meals, housekeeping, and transportation. Keep in mind that this cost can vary depending on the factors mentioned earlier.
Assisted Living
For assisted living, the average cost of American House Senior Living ranges from $3,500 to $6,000 per month. This includes more specialized care, such as help with bathing, dressing, and medication management. Again, this cost can vary depending on the level of care needed, the size of the apartment, and the location of the community.
Memory Care
For memory care, the average cost of American House Senior Living ranges from $4,500 to $7,000 per month. This includes specialized care for those with Alzheimer’s or other forms of dementia. This is the most expensive option, but it is necessary for those who require this level of care.
How to Pay for American House Senior Living
Paying for American House Senior Living can be a challenge for many families. Fortunately, there are several options available.
Private Pay
The most common way to pay for American House Senior Living is through private pay. This means that the family or the resident pays for the costs out of pocket. Some families may be able to use savings, retirement funds, or other assets to cover the costs.
Long-Term Care Insurance
Another option is to use long-term care insurance. This type of insurance is specifically designed to help cover the costs of senior living. However, it is important to note that not all policies cover assisted living or memory care. Be sure to check with your insurance provider to see what is covered.
Veterans Benefits
If your loved one is a veteran or the spouse of a veteran, they may be eligible for Veterans Benefits. This can help cover the costs of senior living. The Department of Veterans Affairs offers several programs that can help, including the Aid and Attendance Program.
Medicaid
Finally, if your loved one has limited income and assets, they may be eligible for Medicaid. This is a government-funded program that can help cover the costs of senior living for those who meet certain income and asset requirements. However, not all communities accept Medicaid, so be sure to check with American House Senior Living to see if they participate in the program.
Conclusion
American House Senior Living can be a great option for seniors looking for a safe and comfortable place to call home. However, it is important to understand the costs involved. By considering the factors that can affect the cost, you can get a better idea of what to expect. And by exploring the different payment options available, you can make sure that your loved one gets the care they need without breaking the bank.
FAQs
- Is American House Senior Living affordable?
The cost of American House Senior Living can vary depending on several factors. However, compared to other senior living options, it is generally considered to be affordable.
- What services are included in the cost of American House Senior Living?
The cost of American House Senior Living typically includes services such as meals, housekeeping, transportation, and personal care.
- Does American House Senior Living accept Medicaid?
Not all American House Senior Living communities accept Medicaid. Be sure to check with the community to see if they participate in the program.
- Can I use long-term care insurance to pay for American House Senior Living?
Many long-term care insurance policies do cover the costs of senior living. However, it is important to check with your insurance provider to see what is covered.
- What if I can’t afford American House Senior Living?
If you can’t afford American House Senior Living, there are several payment options available, including Veterans Benefits and Medicaid. Be sure to explore all of your options to find the best solution for your family.
