Financial Solutions to Help You Pay For Care
At Cascade Living Group, we understand that making the decision to move to a senior living community is one that involves a lot of research and thorough financial planning. We also recognize and understand the importance of being able to afford your care, especially during these difficult economic times. Fortunately, we are partnering with several organizations to help you find convenient financial solutions that will assist you in paying for your senior living care. These financial resources include:
Life Care Funding
Use Life Care Funding to help fund your care at a Cascade Living Group community. Life Care Funding converts your existing life insurance into an immediate Long Term Care Benefit Plan to pay for the cost of care. Qualifying is quick and uncomplicated, and there are no fees or obligations to apply.
Long Term Care Insurance
Covers the cost of care that is not covered under other insurances and Medicare.
Tax exemptions are available for both residents and family caregivers to help cover the costs of assisted living care services. Check with a tax accountant for details.
Companion living brings together two unrelated residents to share an apartment in Independent living or assisted living. This offers a more affordable option, but all the features and benefits of senior living like, great meals, engaging activities, transportation and most importantly experienced team members dedicated to compassionate care remain.
Provides financial assistance to veterans or the widow/widower of a veteran. Individuals may be eligible for up to $1,703 per month from the Veteran’s Administration to help pay for assisted living, skilled nursing care, residential care home or home care.