Charlotte, North Carolina offers a variety of assisted living lifestyle options for seniors that can benefit from a helping hand with daily activities. Examples of assisted living services include help with bathing and dressing, grocery shopping and preparation of meals, transportation to doctor’s appointments, and laundry and housekeeping. Knowing what choices you have and the approximate costs will help you make the right choice. Here’s an overview of assisted living in Charlotte along with a checklist of what you should look for and suggestions on how to cover the costs.
The Assisted Living Federation of America (ALFA) publishes a brochure that provides helpful suggestions on what you should look for and questions to ask when searching for an assisted living community. The list, located on online, is quite comprehensive.
The checklist of questions you should be aware of when considering assisted living services include environment and physical features, plan cost and disclosure of agreements and assessments, medication and health care services, on-site amenities, social and recreational activities, dining plans, and features of individual apartment residence units. A few examples of questions you should ask include:
What types of programs are accepted toward payment of services? Is continuum of care and hospice services provided by the facility? What is the cancellation and refund policy? Can you review all policies and agreements? Does the assisted living facility allow residents to have pets?
The median annual costs in 2016 for assisted living services in Charlotte were slightly higher than the overall national rates. According to the Genworth Cost of Care Survey, the median price charged by an assisted living community in Charlotte was $45,600, with prices rising at a rate of about 1% each year. In contrast, the nationwide median rate was $43,539 with projected increases of 2% per year. Genworth publishes rates for daily and monthly services and includes major metropolitan regions nationwide.
There are a variety of ways to help lower the overall costs of assisted living services while still getting high-quality care. Options include the alternative of having in-home care services provided versus moving into an assisted living facility. With in-home based services, you can choose and pay for only those types of services you need. You can save a significant amount of money by going this route.
The possibility of sharing expenses with a roommate is yet another idea to consider. If you own your home and are still active, you could have a close friend or relative move in with you to split the costs. Together, you could both hire in-home care services within the comfort of your own home and share the expenses. You could also have a roommate share the expenses of a two-bedroom apartment located within an assisted living facility.
Programs to help seniors afford assisted living services include financial assistance from the federal government in the form of Medicaid, Section 8 senior housing, and the Veterans (VA) Aid & Attendance (A&A) Pension. Alternative ways include having a long-term care insurance policy or considering a reverse mortgage and using the funds to cover the costs. Selling your home and moving into an assisted living facility is yet another option. Additional possibilities include social security income, employer pensions, and retirement funds, and seeking assistance and financial support from family members.
Find assisted living in Charlotte near you.