Miami residents can find affordable, quality long-term care in dozens of local assisted living facilities. Assisted living offers a greater degree of privacy and independence than nursing care, and it allows seniors to maintain a sense of normalcy. Staff are available 24 hours a day to help community residents with daily activities such as:
Preparing healthy meals to meet unique dietary needs Cleaning and laundry Transportation to stores, appointments, and more Remembering medication and healthcare appointments Bathing, grooming, dressing and personal care routines
Miami residents don’t have to move out of their home in order to receive assisted living care. In-home housekeeping and home health aide services help senior citizens with chores and provide personal care and support to homebound individuals.
There are over 3,000 assisted living facilities operating in Florida that contain an estimated total of 92,000 beds.
The number of Floridians over 85 is expected to double between 2007 and 2030.
Among seniors currently turning 65, 69% are predicted to need some form of long-term care.
In 2009, Florida spent the majority of its Medicaid funds on nursing care, while only 14% of the money went to cheaper home and community-based care services.
For every one patient living in a nursing home, Medicaid is able to provide care for an average of three seniors receiving home and community-based care.
Many folks are surprised to learn that assisted living in Miami is typically cheaper than similar care nationwide. In 2015, Miami residents paid an annual median price of $33,700 for a room in an assisted living facility, while the national median cost was almost $10,000 more per year. Assisted living expenses in Miami are expected to grow by as much as 7% in the next 5 years as more seniors flock to the city seeking long-term care.
Luckily, the cost of help at home is not expected to increase any time soon for Miami residents. Hiring homemaker services or a home health aide in Miami only cost a median of $37,477 per year in 2015, while the national median rates for such services were over $44,000.
Before choosing an assisted living community, you should make sure that the facility’s monthly fee covers all of the services that you need. Some assisted living communities only offer transportation services at an additional cost, or charge hefty fees for guests to dine and stay the night. If you’re thinking about moving into an assisted living community, it’s important to ask questions such as:
Does this facility accept my long-term care insurance plan? Does this facility accept Medicaid? What does the meal plan include? Are housekeeping services and utilities included in my rent fee? If pets are permitted, is there an extra deposit fee?
Miami seniors tend to enjoy a lower cost of care than their neighbors when it comes to in-home care. Still, at a median annual cost of $37,477, even homemaker and home health services can add up fast for Miami residents. Receiving care in an assisted living facility instead of at home can save Miami seniors several thousand dollars each year. Some facilities even offer residents the option of sharing room and board costs with a roommate.
Under the Statewide Medicaid Managed Care Long-Term Care Program (SMMC LTC), Medicaid eligible seniors can have the cost of long-term home, community, or assisted living care covered by government financial aid. The VA Aid & Attendance Pension is another government program that helps veterans and their wives to cover the cost of in-home and assisted living care. These programs are only open to qualifying low-income Miami seniors with limited savings and limited assets.
Seniors with a decent income or who own enough assets cannot usually apply for government aid, but that doesn’t mean that they can’t find help paying for assisted living. Long-term care insurance helps thousands of Florida seniors to cover the monthly costs of assisted living or in-home care. If you are interested in signing up for a policy, make sure that you understand what services are covered under your plan.
For many seniors, a large majority of their money is tied up in their house. If you are planning on moving into an assisted living facility, it may make sense to sell your house in order to help pay for care. Those that want to continue living at home, or that have a loved one still living at home, may want to consider taking out a reverse mortgage to help pay for care.
Find assisted living in Miami near you.