Our advisors personally work with families to help save money and reduce costs of long-term care. “It’s important to seek senior living advice. “Paying for senior care can quickly become a financial burden to seniors and families who may not know their options” explained Olea. It also provides a client with a Plan B should the assessment of the senior not go well. Through 2013’s theme, Celebrating The Beauty Of Life, this. 'The ALFA Senior Living Art Showcase, open to all residents of senior living communities, celebrates seniors’ overwhelming zeal for life and community. Potential residents should always have more than one option for assisted living to increase bargaining power and likelihood of getting incentives, as well as minimizing items such as community fee. My wonderful senior artists have boldly entered samples of their beautiful art work into the 2013 ALFA Senior Living Art Showcase. Instead, review the a la cart offerings and only select those services your senior really needs. Many assisted living communities will offer an all-inclusive services package. ![]() They are often willing to give price breaks at the end of month or their financial quarter. Assisted living communities, especially larger ones, have financial pressures the same as other businesses. Traveling an extra 30 minutes to a rural or suburban area can result in a meaningful reduction in rent and care costs. Look in neighborhoods where the cost of living is less expensive. Sometimes the cost of assisted living communities is driven by the cost of real estate. Smaller assisted living residences tend to be less expensive than the larger communities and offer the same quality of care. Sharing a room can be safer and prevent loneliness, a common problem among the elderly. In many senior living communities, a shared space is more cost-effective than a single room or apartment. Reduce costs by opting for the smallest, most liveable space for their personal room. Remember your senior will be socializing in common areas and eating in large dining rooms. Assisted living communities offer residents a choice of room size. “Our senior advisors have seen move-in fees at assisted living facilities jump from $5,000 to $10,000, or monthly rental fees increase by an unprecedented 10%.”Īssisted Living Locators offers these tips to choose the right community and stretch your dollar. “Long-term care expenses at assisted living facilities and nursing homes are climbing, as the industry copes with inflation,” said Angela Olea RN Assisted Living Locators CEO. As Americans grapple with inflation and increased costs, Assisted Living Locators, a nationwide senior placement and referral service, is giving tips on how to pay less for assisted living. Questions around how to afford the rising cost of assisted living and other levels of senior living come into special focus. October is Long-Term Care Planning Month.
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