When it comes to planning senior living, one of the most challenging topics to broach is the cost. It can be overwhelming to determine the financial aspects when they vary depending on factors like location and level of care needed. Senior living communities can generally be categorized into three types — Independent Living, Assisted Living, and Skilled Nursing care. Each scenario presents different costs which are important to consider.
Independent Living
Independent Living communities are designed for seniors who are able to live on their own but want to enjoy the convenience and welcoming feel of a community. They typically offer social activities, lifestyle amenities, maintenance services, and dining options. Since residents do not require daily assistance, the cost of living is lower than other types of senior living.
Assisted Living
Assisted living communities offer more comprehensive care than Independent living. These communities provide staff that assist with daily living activities such as medication management, housekeeping, and personal care. Since there is more involvement, the cost of these services is greater than Independent living. Specialized Assisted Living, such as Memory Care, may involve extra personnel and specialized facilities and will cost even more.
Skilled Nursing Care
Skilled Nursing care is beneficial for residents who need specialized medical services. These services are typically provided by a licensed nurse who can come to a private home, hospital, senior living facility, or rehabilitation center to perform a range of medical services. Patients with chronic illnesses or those recovering from surgery or an accident benefit from Skilled Nursing care. Skilled Nursing care can be the most expensive since the resident is receiving a specialized form of care from a licensed professional.
Find The Best Option For You
It’s important to assess your or your loved ones personal needs and weigh the costs when determining which type of care is best. Whichever you choose, remember there are resources you can utilize. Social Security benefits, Medicare, supplemental security income, and veteran’s benefits offer financial assistance that make it easier to afford senior living care.
The team at Brightwater is ready to assist you in finding your perfect home. To learn more about navigating senior living, check out the Brightwater Senior Living blog.