Does Memory Care Charge Additional Fees?
Some assisted living and memory care facilities require charges for services beyond their base level of care. Under a fee-for-service model, for example, you will need to pay a base rate for room and board at your assisted living or memory care facility. If you need additional services, then some assisted living communities will charge additional fees and incorporate a fee-for-service model.
Some communities opt instead for an inclusive monthly payment that includes the rental fee for the room along with all the transportation, utilities, housekeeping, and personal care assistance. In many cases, this monthly fee won’t increase or result in added fees for additional services.
You may want to inquire about the pricing tiers at the senior community you choose for your services, since they may have certain service caps or different pricing models. Some communities may also have an interview and entrance fee deposit on top of the monthly rental fees.
Paying for Memory Care
If you or a loved one has Alzheimer’s or dementia, then Medicare can help pay for some of the costs of home health care, skilled nursing care, or dementia-related diagnostic tests. Medicare does not cover memory care, however, which means many people are left to figure out a way to pay for this type of care.
In addition to using your savings, some other ways to pay for memory care include:
- V.A. Aid and Attendance Benefits
- Long-Term Care Insurance