Does Insurance Pay for Assisted Living?

This is probably the #1 question people always ask me!

Health insurance does not pay for Assisted Living!

Medicare and Medicare supplements do not cover any stays in these communities. Long-Term Care policies are the only types of health insurance that cover the cost. There are many types of Long-Term care polices and they each vary greatly. I find that people that have it go with a 3-5 year policy which pays around $100-150.00 per/day. I recommend looking for these policies in your 50�s because the premium will be lower then if you wait until your almost ready to move-in to a facility yourself. Please refer to the costs section? for links to Long-Term Health Care Providers.

There are certain types of government funded insurance programs that will cover NURSING HOME facilities ( not ASSISTED LIVING).? Please refer to Medi-Caid Information Online, many states have there own funding.

You can also find out more information on Medicare at www.medicare.gov