Many people are now aware that Jacksonville is the 12th biggest city in the entire nation. Even with this huge location, when it comes to retirement in Florida, more people automatically think of Miami, Tampa Bay or Palm Beach, than Jacksonville. However, if you have overlooked Jacksonville, you are definitely missing out on a fun, vibrant and relaxing location.
The current population of Jacksonville is 853,382 with 10.9 percent of the population being over the age of 65. This equates to 90,000 people in this city alone who are considered to be elderly. For seniors who want to remain active, but may need a bit of help with certain day-to-day activities, the ideal living arrangement can be an assisted living facility.
In Florida, there are 83,761 assisted living beds.
There are 3,273,940 residents in the state over the age of 65, which makes 26 beds per thousand residents who are over 65.
It is estimated that 40 percent of all long-term care spending is paid for out-of-pocket or with some other source of private funds.
In Jacksonville, the average cost of a single-occupancy assisted living location is $4,023 per month. The range from low to high is between $1,225 and $5,500 monthly. Yearly, a person or their family can expect to pay approximately $48,270. It is expected that the costs are going to continue to increase by 4 percent in the next five years, which means the costs may be more when you begin searching for an assisted living location.
The cost of assisted living care in Jacksonville is slightly higher than the national, annual cost, which is $43,200 for a single-occupancy room.
Moving into an assisted living facility in Jacksonville is a huge decision and one that requires plenty of thought and consideration. Taking some time to visit several potential locations is perhaps the best way to find one that best suits your needs or the needs of your elderly loved one.
During your visit, it is a good idea to ask questions to the staff, as well as current residents. For staff members, ask the following:
What is included in the price that is paid for the room?
Do additional services and amenities such as laundry, housekeeping and transportation cost more?
Do they offer discounts if a senior pays for the entire year of residency upfront?
Is there the option for additional care (such as medical) in the future?
When touring the facility, be sure to also speak with some of the existing residents. Questions to ask residents include:
Do they like living there?
What do they like about the location?
Is there anything they dislike?
Is the staff caring and attentive?
Is help available when needed?
If possible, take some time to participate in some group activities or have a meal. This provides a senior and their family with an idea of what the assisted living facility offers.
There are a number of financial resources available, such as long-term care insurance, Medicaid and Veteran’s benefits. However, there are other resources that can be used to help reduce the cost of assisted living care. Some of these options include:
Select the proper living space size. There are a number of arrangements offered at most locations, including studio apartments, one-bedroom options and two-bedroom locations. Choosing the smallest option will likely help save money.
Think about sharing the space.
Live in a smaller community.
Look at smaller towns nearby.
There is no question that it can cause a bit of sticker shock when you first receive the prices for assisted living care in Jacksonville. In order to handle these costs, some assistance may be needed. Besides paying out-of-pocket, which can cause many families to extinguish all their financial resources quickly, there are other options for payment.
One option is the OSS or The Optional State Supplement. This is a financial grant for low-income seniors. There are both eligibility requirements and limits to what this program will pay.
Another option is CCE or Community Care for the Elderly. This is designed for seniors who need nursing home care, but who do not qualify for Medicaid coverage.
Another option to pay for assisted living care is to purchase a long-term care policy earlier in life. This will help to provide additional funds for seniors when they enter into an assisted living facility. The key is to purchase this insurance long before it is actually needed.
Find assisted living in Jacksonville near you.