Lexington Alzheimer’s Care
Lexington offers many options for those suffering from Alzheimer’s and their families. Lexington facilities offer varying levels of care from adult day care services to full service 24-hour nursing and total care.
Lexington offers a chapter of the Alzheimer’s Association. The association is a great resource for those that are dealing with the emotional and financial aspects of Alzheimer’s. Having a great support network makes it easier to cope with Alzheimer’s and its impact.
The Facts About Alzheimer’s Disease In Kentucky
In 2015, 11% of adults over 65 in Kentucky had Alzheimer’s disease.
In 2015, there were 68,000 seniors age 65 and older that had a diagnosis of Alzheimer’s disease.
In 2015, a total of 269,000 caregivers contributed care they were not paid for.
Median Monthly Costs of Memory Care In Lexington
The cost of Alzheimer’s care is high due to how much care is necessary to meet the needs of someone that is unable to do even basic things. At the beginning stages of dementia, costs are sometimes lower because not as much care is needed.
The national median monthly cost for nursing home care in 2015 was $6,692 for a shared room and $7,604 for a private room, according to the Genworth Cost of Care Survey.
The monthly median cost of full service nursing care in Lexington was $6,600 for a semi-private room and $7,924 for a private room.
Adult day care programs averaged $1,517 monthly in Lexington.
The average cost of Alzheimer’s care in Lexington ranges greatly. You can find a more accurate estimate of what you can expect to pay by visiting SeniorAdvisor. You will be able to customize your search based on independent review ratings, cost, and amenities.
Lexington Memory Care Patient Payment Options
Retirement funds and pensions are great ways to pay for your costs if you have paid in over the years or retired from a job with a pension plan. Those that develop dementia earlier than the standard retirement age may not have access to all their retirement funds.
A home or other real estate may have equity that you can use to help cover costs. Many seniors choose to sell their home or in some cases the property is rented through an agency. Renting is only usually practical for those that have property in very high rent areas. With the high cost of memory care, rental money is often not enough.
Long-term care policies are a wonderful thing if you or your loved one has paid in over the years. Regardless of what type of insurance you have, you should review the benefits so you have an accurate idea of what your eligibility really is rather than be surprised later on.
The VA Aid & Attendance pension is a benefit available to veterans, spouses, and widows. The benefit is also available to those that have lost a child in a foreign war. The Department of Veterans Affairs should be contacted to start the application process.
Medicaid is available to many low income persons or those that do not have the means to pay the high costs of long-term care. Laws regarding Medicaid vary by state. Heirs or remaining estates may have to pay back some of the cost of care when the person receiving it passes away. Property issues are important to discuss with a lawyer before making a commitment to a memory care facility.
Cutting Costs While Maintaining Quality Of Life
There are different levels of dementia. The doctor of you or your loved one can more accurately diagnose what stage dementia is at. Those with only some memory loss may be able to have a roommate in the beginning while those with more advanced dementia may not be able to safely have a roommate.
Dementia and Alzheimer’s symptoms can progress and grow at different rates depending on the individual. Doctors can give a general diagnosis and prognosis but Alzheimer’s can progress fast, slow, or appear earlier in some individuals.
Caregivers should know about resources that are available to them. When the care of a memory loss or dementia patient is left to only one or two persons at home, it can take a toll on many aspects of their lives.
While families mean well in keeping a senior at home longer, there usually comes a time where the level of care required is simply too much for an untrained person in a typical home to manage. These costs must be considered when making memory care choices for yourself or a loved one.
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