Veteran Benefits for Assisted Living

Veteran Benefits for Assisted Living

If you served the United States of America as a member of the armed services, you may be entitled to certain benefits that could make some aspects of getting older a little easier. Namely, the U.S. Department of Veterans Affairs offers some funding programs that can help offset the cost of certain kinds of care later in life. For some people, this sort of benefit can be a real help when weighing how to pay for assisted living or other long-term care options. “Veterans and their spouses have multiple financial benefits that can help cover the cost of assisted living ,” says Rick Wigginton, senior vice president of sales at Brookdale Senior Living, a Tennessee-based company that has more than 800 senior living and retirement communities across the United States. Wigginton says that Brookdale, like many other senior living companies, seeks to “help many veterans maximize these benefits, which in some cases can really reduce the cost of senior living.” Senior living options can get expensive . Every little bit that can help offset these sometimes-large costs is often a welcome relief for families. Still, Wigginton makes a point to note that “the VA will not pay for a veteran’s rent,” in an assisted living facility. However, VA benefits “may pay for some of the extra services they need such as nursing assistance, help with bathing and toileting and possibly even meals.” This is the same as with Medicare, the federal health insurance program for adults 65 and over. Medicare does not cover the cost of assisted living facilities, but might cover some qualified medical expenses incurred by people who live in assisted living communities. While there are a range of benefits that may kick in depending on your specific service history and eligibility, Wigginton says “the most commonly […]

Click here to view full artile at health.usnews.com