Financial Considerations

Financing options for long term care and residential retirement living is dependent upon the level of care and services required or requested.

  • Generally, long term nursing care including memory care is paid for either privately, by long term care private insurance, or by Medicaid if applicable.
  • Veteran’s benefits may also be available for U.S. veterans for long term nursing care.
  • Short term skilled nursing and rehabilitation is generally ordered by a physician and may be covered by Medicare or private insurance if requirements are met.
  • Assisted living accepts private long term care insurance or is private pay.
  • Independent living is also private pay.