Understanding how senior living services are paid for is an important part of planning. Coverage and payment options may vary depending on the resident’s needs, services, and individual circumstances.
Best Care Senior Living works with select insurance providers and payment arrangements. Families are encouraged to contact our team to discuss their coverage, available payment options, and whether their insurance may apply to the services they are considering.
Because coverage can vary, we recommend confirming benefits and eligibility with your insurance provider and discussing any questions with our team before making arrangements.
Frequently Asked Questions About Long-Term Care
Here are answers to some common questions families may have regarding long-term care insurance and payment options.
What if I don’t currently have long-term care insurance but would like to apply?
Best Care Senior Living can help guide you through the application process and provide information about available options. Please speak with your marketer to learn more about the process and next steps.
What types of insurance may help pay for senior living?
Long term care may assist with the costs of care.
Does Medicare/Medicaid cover expenses?
Medicare and Medicaid does not cover the expenses directly.
What happens if my long-term care benefits end?
The responsibility would fall on to the financial person to cover the portion that the insurance provider was paying.
What are the DCF requirements or limits for Medicaid?
Medicaid coverage is subject to eligibility requirements, program guidelines, and applicable limits. DCF requirements may vary depending on the individual’s circumstances. Our team can help provide information and guide families on the next steps.
How does the insurance billing process work? Do I need to do anything to ensure insurance pays its portion?
The facility will bill the insurance provider each month for eligible covered services. The family’s main responsibility is to submit the required insurance renewal each year to help ensure coverage remains active.