Long term care without liquidating assets
A relatively new alternative to at-home care for someone with dementia is a residential community that specializes in dementia care.Known as "memory care" or "Alzheimer's care," such housing is increasingly under development as cases of Alzheimer's and other forms of dementia rise.Facilities aren't required to do so, however; according to a 2013 NCHS survey on dementia care, places offering memory care accept Medicaid less often than those without such units.Some locations set aside a limited number of beds for Medicaid patients. (Medicare doesn't cover residential memory care.) Also check the federal or Eldercare Locator for benefit information.Demand still outpaces supply, which can make memory care hard to find and get into, especially outside of larger cities.
To cover these costs, it helps to form a plan with the input of other family members as well as professionals.Sometimes found in dedicated facilities, it's most often offered within an assisted living community, continuing care community, or skilled nursing facility (a.k.a. In 2010, 17 percent of residential care communities had dementia special care units, with 6 percent serving adults with dementia exclusively and another 11 percent having a distinct unit, wing, or floor designated as a dementia special care unit, according to the National Center for Health Statistics.Just over half of all nursing homes have a special Alzheimer's unit, according to the Alzheimer's Association's 2014 report.Contact a Vet Center for free advice, or call (800) 827-1000.Medicaid, the joint federal-state program for very low-income elders, covers some long-term costs if the facility accepts Medicaid.