older people’s health issues
Life Care Communities
Financial issues
Many life-care communities are expensive. Some require a large deposit as well as monthly payments and fees for additional services. Sometimes there is an upper limit (cap) for monthly payments and fees. But in many communities, costs increase when the level of services needed increases. Medicare and Medicaid usually do not pay for residence in a life-care community but may help pay for skilled nursing care when it is needed. Long-term care insurance may provide reimbursement for monthly fees as well as for personal care services, whether provided in an independent living, an assisted living, or a nursing home setting within the life-care community. 