Many elderly Americans who have mobility issues and can no longer live independently move into assisted living facilities.
While you could look for a less expensive ALF, $4,500 is actually below the nationwide monthly median cost of assisted living, which was $5,350 in 2023, according to the Genworth Cost of Care survey.
But counting on either Medicaid or loved ones to deliver long-term care is not ideal. Leaning on loved ones can pose an unfair burden. And Medicaid generally kicks in only when all of your assets run ...
Assisted living is less expensive than skilled nursing care and home care and could be part of the new administration’s efforts to become more efficient with government resources, Argentum President ...
Can the assisted living sector attract federal funding without inviting greater federal control? Talk about a balancing act.
The onset of the pandemic brought intense staffing challenges across all forms of long-term senior care facilities. A 2022 survey from the Agency for Healthcare Administration (AHCA) found that 87 ...