Medicare is insurance coverage for "medical care" and does not cover the costs of assisted living facilities or long-term care facilities (custodial care). Medicare will however cover qualified healthcare costs while a Medicare beneficiary is living at an assisted living facility. Medicare is more often used to pay for a skilled nursing facility or home health care. There are always exceptional circumstances that will allow Medicare to cover different types of care, for example, while in a qualified stay at a skilled nursing facility a Medicare beneficiary may also receive custodial care, but in most cases Medicare won’t cover the costs of "custodial care."
In some states, Medicaid will pay for some of the costs associated with assisted living if a qualified beneficiary has a limited income. Medicaid is designed to help seniors and some individuals with disabilities pay for healthcare when they are unable to pay for it themselves. Check on qualification requirements and available waiver programs for assisted living with your state Medicaid department.
Individuals should seek out an extended care insurance specialist to understand options and formulate a plan to financially address assisted living or long term care needs before any such care may be needed.
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In some states, Medicaid will pay for some of the costs associated with assisted living if a qualified beneficiary has a limited income. Medicaid is designed to help seniors and some individuals with disabilities pay for healthcare when they are unable to pay for it themselves. Check on qualification requirements and available waiver programs for assisted living with your state Medicaid department.
Individuals should seek out an extended care insurance specialist to understand options and formulate a plan to financially address assisted living or long term care needs before any such care may be needed.
Jeffrey J. VanCleve
800-211-0017