How is Assisted Living Paid For?
We help seniors meet their financial needs by partnering with several senior financial solution providers who can help you access our community through special programs.
Elderlife Financial Services
Elderlife makes available access loan to seniors, their family members, or any individual seeking to access senior living. Structured like a line of credit, it is an easy way to finance senior living, eliminating for many, a significant obstacle to moving into a senior living community. The program can provide your family the time and flexibility you desire. With low monthly payments, a fast and simple same-day decision in most cases, this loan program can benefit you by enabling you to:
- Pay for rent while waiting for a home to sell
- Pay for rent while waiting for VA or other benefits
- Finance move-in fees
- Supplement monthly rent
For more information please call 1.888.228.4500 or visit www.elderlifefinancial.com and share with Elderlife your interest in our communities.
Life Care Funding Group
The Life Care Funding Group helps seniors raise funds to pay for senior housing through the life settlement market. A "life settlement" is the sale of an in-force life insurance policy for an amount much greater than the cash surrender value from the insurance company. Many families and seniors find a life settlement a great way to help finance their senior living options.
- Process takes 30-90 days
- No upfront charges or obligations
- Policy owner receives lump sum payment and no longer pays monthly premiums
For more information, please call 1-888-670-7773 or visit www.lifecarefunding.com and share with Life Care Funding Group your interest in our communities.
Veterans Program – Aid & Attendance
The Aid and Attendance is a Federal benefit provided through the Department of Veteran Affairs. Eligible veterans, surviving spouses of veterans, or couples can receive up to $1800.00 per month. Visit the Veteran Aid and Attendance Benefit Page for more information at www.vba.va.gov.com.
- Private Pay
- Long Term Care Insurance
- VA Aid & Attendant Program
- Government Programs such as:
- D&E; Evercare; Amerigroup
- Mia Via