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Financing Senior Care for Your Elderly Loved One in Albuquerque, NM

You want the best care for your elderly loved one, but a good care program may not be in their budget. At Preferred Assisted Living & Respite Care, we can help.

Long-Term Financing

Long-term financing through a trusted financial group can help your elderly loved one receive the care he or she needs. At Preferdayred Assisted Living & Respite Care, we work with several trusted financial groups. They will work with you to find the right financing solution for your situation.

If your loved one has a limited amount of funding and has property or a home to sell, in some cases we can work with you to finance long-term care.


Coordination of Long-Term Services, or CoLTS, is a managed care program provided by the State of New Mexico for certain Medicaid participants. CoLTS provides for services such as:

  • Doctor visits
  • Hospital services
  • Medical care
  • Home health services
  • Care and support by a caretaker
  • Meal preparation
  • Physical therapy
  • Long-term care
  • Hospice
  • Vision
  • Dental
  • Medical equipment
  • Personal care

If your loved one is eligible, we will assist them with enrollment. We will also work with CoLTS to ensure your loved one receives the services he or she needs.

Long-Term Care Insurance

Long-term care insurance is available through your insurance company. It generally covers services such as assisted living, respite care, hospice services and dementia or Alzheimer’s care.

We accept long-term care insurance from most insurance companies.

Care when Your Elderly Loved One Needs It

At Preferred Assisted Living & Respite Care, we want to help your loved one get the care he or she needs and deserves. Contact us today to find out more about care financing.

Call Preferred Assisted Living & Respite Care at 505-796-4510 to find out more about senior care financing in Albuquerque.

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