Some tips for affordable Assisted Living arrangements. http://www.aplaceformom.com/blog/01-16-13-how-to-afford-assisted-living/

1. Plan Ahead and Do Your Research

Give yourself and your senior loved ones enough time to evaluate senior care communities before they move in. If you’ve got your eye on a specific location, join the waiting list. If you wait until the last minute, you may end up having to pay for a community that’s at the high end of your budget — or that doesn’t meet your needs.

2. Get It Right the First Time

If you have to move your loved one several times until you get the right fit, you’ll end up spending more money. Instead, do your due diligence: visit locations multiple times, check their licensing, talk to the local long-term care ombudsman, and have an attorney review the contract. Use this assisted living checklist to help you find the right match.

3. Ask About Price Flexibility

The official cost of assisted living facilities may not be set in stone — ask about move-in incentives, and whether they might be willing to negotiate the monthly price.

4. Consider a Different Location

As with other types of housing, the cost of assisted living varies by location.
“In our initial search as a family, we hadn’t even considered looking out of state even though [the community we ended up choosing is] very close in proximity for many of my siblings,” said one A Place for Mom user. Suburbs or outlying communities may be more affordable, so be flexible enough to look outside your zip code or ideal location.

5. Compare A La Carte Costs with Inclusive Pricing

Some assisted living facilities offer a sort of “a la carte” menu, making it possible to choose some services but take care of others yourself. Family members or volunteer services may be able to fill in the gaps in a more cost-effective way. Bear in mind, though, that for some families an all-inclusive option might be more affordable, especially in some geographic areas where the cost of living is higher.

6. Consider Long-Term Care Insurance

For those unable to pay for assisted living out of pocket, private insurance, Medicare or Medicaid may help — but these services generally don’t pay for everything. Long-term care insurance can address that gap, and estate planning can give you greater access to financing long-term care.

7. Share a Room

In many types of senior living, a shared space is more cost-effective than a single room or apartment. Check on the costs for shared vs. individual rooms.

8. Explore Veterans Benefits

If your loved one or his or her spouse has served in the armed forces, they may be eligible for benefits through the Department of Veteran Affairs to offset the cost of senior care.

9. Compare Care Types

What type of care is most appropriate for your loved one? Maybe you don’t need the added cost of assisted living — independent living, for instance, might better suit your budget and your requirements. Check our senior care cost planner to compare the cost of living at home to assisted living expenses.

10. Get Personalized Advice

Making a final decision about elder care can be difficult, and sometimes having a knowledgeable advisor can help. Here’s just one example from our APFM community:


“I had gathered a significant amount of data (e.g., room prices, community fees, waiting list, etc.) which was overwhelming. I asked Hollis if she could pull it all together and she provided to me with a matrix of that information. That was the key for us, as a family, in making a decision where to place my mom.”