TRANSITIONS SENIOR CARE
HOW MUCH DO ASSISTED LIVING FACILITIES COST?
The cost of Assisted Living Facilities varies greatly. This is how a Certified Senior Advisor (CSA) can assist in your search. A CSA will assist in creating a budget and finding a facility that meets your financial allowance.
Private pay is the most common way to cover the cost of Assisted Living. There are some other considerations that may help reduce the cost of Assisted Living for an individual:
Long Term Health Insurance – The amount of coverage and conditions vary.
Tax Deductions – If you pay out of pocket for Assisted Living, you may quality for a tax deduction. Please consult with your Tax Advisor.
Reverse Mortgages – A reverse mortgage allows a homeowner to convert some of the equity in his or her home to cash. Please consult an attorney or mortgage consultant for more information on this option.
Medicare does NOT cover costs of Assisted Living
Assisted Living Communities generally charge a one-time entrance fee or community fee upon signing a contract that holds your place in the community.
There is a monthly charge ranging from $1500 – $6000 per month dependent on the range of care and assistance an individual requires, based on the assessment completed by the community prior to move-in. This monthly fee covers what the community considers their base care. There may be other fees added for optional care services. The resident Agreement outlines all costs, from the entry fee, to the monthly base fee to the optional services fee. These fees are regulated by each individual community, not by the state.
HOW MUCH DO SKILLED NURSING FACILITIES COST?
In many instances, Medicare will at least partially cover up to 100 days for short term rehabilitative stays in a Skilled Nursing Facility (SNF). Permanent or Long-Term stays are NOT a Medicare covered service. Seniors with limited assets or low-income may qualify for extended stays in a Skilled Nursing Facility through Medicaid, as long as there is a documented need. This coverage is dependent state to state and can vary greatly.
In 2022, the average cost of Nursing Home care in Colorado was $333 per day for private care, and $283 per day for semi-private care.
The National average costs for in-patient facilities run $260 per day or $7908 per month for a semi-private room in a nursing home. A private room in a Skilled Nursing Facility averages $297 per day or $9043 per month.
VISIT TRANSITIONS SENIOR CARE ON FACEBOOK, LINKEDIN OR ONLINE
Mission Statement
Transitions Senior Care, owned and operated by Christine Nagelhout is committed to provide honest, empathetic guidance to families and individuals seeking a transition to a next phase senior living community. I pledge to advocate for my clients, balancing my client’s healthcare needs with the amenities that are important to them. I will treat each client and their family members with genuine respect, compassion and integrity, just as I would treat my own family members. I will provide high quality, mindful options for every single transition, and assist in establishing a sense of belonging for the individual in their new home.
WHAT IS THE SENIOR PLACEMENT PROCESS?
Step 1 – Call Transitions Senior Care at 720-220-0687 and speak with owner Christine, a Certified Senior Advisor, who helps coordinate and manage your transition from start to finish. On the initial phone call, Transitions Senior Care begins with a needs assessment, which helps identify the communities that will best meet the needs and preferences of the client/family.
Step 2 – Following the needs assessment, additional information for up to three possible communities is sent to the client/family for their review and feedback. Each community on this list will is a thoughtful and concentrated choice that best matches the assessment of needs and preferences in step 1. All recommended communities have undergone a conscientious evaluation to make sure they are well-suited for recommendation.
Step 3 – Once the client/family has reviewed the additional information, Transitions Senior Care schedules in-person tours of the preferred communities. Virtual tours can be scheduled upon request. The virtual or in-person tour will be scheduled to accommodate the availability of the client, community, and Transitions Senior Care.
Step 4 – Following the tours, and once a decision on a community is reached by the client/family, Transitions Senior Care will assist with all paperwork required by the community, as well as with the next steps for the move to the community. Transitions Senior Care will act as a liaison between the client and community to ensure a smooth, seamless process.
Step 5 – Transitions Senior Care will be available for guidance on move-in day, and will continue to follow up with the client throughout the first year in the community.
WHAT DOES SENIOR PLACEMENT COST?
* Transition Senior Care is a senior placement service that is free for clients/families. Transitions Senior Care is paid though the marketing budget of the community chosen by the client/family.
WHAT IS MEMORY CARE?
Memory Care is defined as a type of Senior Living that provides intensive, specialized care for individuals with memory issues. Many facilities have designated buildings or separate quarters for dementia and Alzheimer’s individuals.
WHAT KIND OF CARE DO MEMORY CARE COMMUNITIES PROVIDE?
Memory Care is designed to provide a safe, structured environment with set routines to lower stress for people with a dementia or Alzheimer’s diagnosis. Similar to Assisted Living Communities, Memory Care Facilities offer meals, support staff and assistance of ADLs in a secure and safe environment. the staff is specially trained to respond to the unique challenges associated with dementia and Alzheimer’s residents. These communities focus on routine and normalcy for the daily life of their residents.
WHAT DOES A MEMORY CARE COMMUNITY COST?
On average, Assisted Living costs are $4,000-$4,500 per month. Memory Care adds another $1000 – $4000 per month to that base rate. Costs vary greatly from community to community.
WHAT IS A SKILLED NURSING FACILITY?
A Skilled Nursing Facility (also known as Convalescent Home or Nursing Home) is an in-patient (on-site) rehabilitation and medical treatment center staffed with trained medical professionals 24/7. These facilities provide medically necessary services of nurses, physical therapists and occupational therapists, speech pathologists, and audiologists.
Individuals may need a Skilled Nursing Facility in the long term because of a need for a higher level of care on a frequent basis for chronic medical conditions, or in the short term following an injury or illness.
As more seniors choose to age in place, home health agencies have responded by offering skilled services provided by licensed nurses or therapists in client’s homes. When prescribed by a doctor, these short-term skilled care services can be covered by Medicare, some private health insurance policies, Veteran’s Benefits and long-term care insurance policies. Utilizing a home health care provider enables a senior to receive highly effective medical treatment while remaining as independent as possible in their own home.
IMPORTANT ARTICLES AND LINKS:
Colorado Aging Allies - Finding a Forever Home: Navigating Senior Placement with Christine with Transitions Senior Care
https://www.buzzsprout.com/2351895/15405112
The Inspired Impact Podcast, hosted by Judy Carlson
HELPFUL RESOURCES: