News By Tag
News By Place
Follow on Google News
Plymouth Terrace Offers Tips for Paying for Assisted Living
Finding care for a loved one can be a difficult process, but here are a number of ways to make assisted living affordable.
By: Plymouth Terrace Senior Living
Don't stress. There are a number of ways to make assisted living affordable. With a little bit of help, you can smoothly transition your loved one in to a structured, social environment where assistance for daily life is readily available.
Many families pay for assisted living with private funds, through a few different avenues including personal savings, pension funds, and retirement accounts. Some health insurances can cover certain costs, but it's very dependent on your plan. With that being said, finding a way to pay for assisted living can still be tricky. Before you commit to something out of your budget, try these helpful tips:
Ask about price flexibility and special deals: Some communities offer special deals throughout the year. During your inquiry don't hesitate to ask about move-in incentives, extended lease offers, or general price negotiations.
Consider a roommate: Sharing a space with someone who can help cover the costs of a room is a great way to save money and build a friendship for your loved one.
See if an a la carte plan works for you: Some communities offer an a la carte option where you only pay for what you need. An all-inclusive option would cover many services, some of which might not be right for your loved one.
Inquire about discount programs for low income seniors: Senior benefit programs can offer funds to those who need help covering costs of necessary items. Enrolling in programs like these can be very helpful to struggling seniors.
Explore tax deductions: Chronically ill seniors can receive a significant amount in tax deductions, helping to regain some costs spent on assisted living.
About Plymouth Terrace: Located in Plymouth, Michigan, Plymouth Terrace is a family owned senior living community that focuses on life enrichment in a nurturing and independent setting that stimulates the mind, body, and spirit. They understand the difficulty residents can have when searching for the right facility and been in business long enough to understand both the big picture and the critical details. Plymouth Terrace offers affordable Senior Housing for Independent and Assisted Living with two specialized Neighborhoods on one campus.
Plymouth Terrace Senior Living is committed to serving seniors in Plymouth with exemplary service, compassionate care and loving support while promoting residents to be as independent as they can be so they live life to the fullest! They offer flexible living arrangements that can adapt to your changing needs. https://www.plymouthterrace.net