Knoxville Assisted Living
With the population of the U.S. getting older and older, by the year 2030 one in five residents is going to be over the age of 65. Tennessee alone has more than 1.3 million residents who are over the age 60, which makes up 20.9% of the population of the state. As these people continue to age, it is estimated that approximately 70% of those who are over the age of 65 will need some type of long-term care. This is why it is a good idea to learn about the various assisted living facilities in the Knoxville area to see what is available. Demand is increasing, so getting the right one for you will take a bit of time and effort.
The Cost of Assisted Living in Knoxville
The average cost for a single occupancy residency in the city of Knoxville is $4,100 per month. This is a bit higher than the national average and in most cases, this cost will include transportation services, housekeeping, dining, utilities and the rent for the location. However, this price can fluctuate due to amenities of the community, location and the level of care that is required. For example, for those who have a larger budget, they may want to consider Manorhouse Assisted Living, and for the lower end, Greenfield of Oak Ridge, which has starting costs of $1,550 per month.
Exploring the Assisted Living Facility Options in Knoxville
Assisted living facilities in Knoxville offer quite a few benefits to residents, including independent living, as well as services offered by the continuing care community. When Knoxville is selected for retirement, residents can feel confident they will have access to a number of attractions, including restaurants, a huge park with impressive fountain and 80 acres for the Zoological Gardens. This helps to ensure that even active seniors have something to do and see.
For impressive views of Black Oak Ridge and just a short drive into town, consider Elmcroft of Halls. This is a true homespun community and one that any senior who wants to feel like they are away from it all (without being too far away) will appreciate. For those who need memory care services, they should consider Oakwood Senior Living. This is right in the heart of the community and offers experienced and professional services for residents.
What Assisted Living Facility is Right for You?
Finding the right assisted living facility in Knoxville can take some time and effort. Seniors need to take the time to find a location that meets their wants and their needs. While this sounds simple, with all the options it can be a bit more difficult than expected.
When first looking for an assisted living location, it is a good idea to make a list of the options in the local area. Take some time to ask for recommendations from friends and family members and even the senior’s doctor. This can provide some great options to get started with.
In some cases, it will be a good idea to utilize the services of a senior living advisor. This is a professional who is familiar with the area and who can help seniors find their ideal assisted living community. This can make the entire process much less stressful and reduce the hassle and frustration of choosing the right location.
Finding Financing for Assisted Living
There are a number of ways that long-term care can be financed. In some cases, a patient’s personal money will go into covering this expense. This can include long-term care insurance, savings, retirement plans and even Social Security. In many cases, private organizations, such as fraternal organizations, trade unions and veterans’ groups will cover some of the cost of care. Aid is also offered with Medicare and Medicaid; however, not all assisted living facilities accept this.
Long-term care insurance is offered from a number of sources. The amount of care and type of coverage that is available will be based on the person’s age, their current state of health and what benefits are actually purchased. It is a good idea to look into this type of coverage long before it is actually needed.
It is important to understand that Medicare is a federally funded health insurance offering that is designed for people who meet certain requirements. However, it is not a program that pays for long-term care. It is essential to keep this in mind when trying to find ways to pay for assisted living care.
Learn more about Knoxville Senior Living here:
Find assisted living in Knoxville near you.