(Part 3) A Financial Blog Series About Assisted Living Funding Sources, Payment Programs, and Possible Pitfalls
By Theresa Pichelmeyer, Valley VNA President & CEO
My last two blogs have covered the differences between assisted living and skilled nursing care and how one might pay for assisted living lodging and services. After move-in day, finances will continue to play a pivotal role in your housing options. Just within the field of assisted living communities, there are many different business models and motivations. These motivations are behind the answer to a very important question: “Under what circumstances would I or my loved one be asked to move from my assisted living community?” A non-profit organization like Valley VNA is driven by a different set of values than a for-profit company. For instance:
Some of my elderly friends tell me, “I never expected to live this long.” They are often thinking of their parents or grandparents—generations who lived in completely different times of work, safety, and health care. The reality is we do live a lot longer, and we squeeze a lot of good life and love out of our years here on earth!
In my last three blogs, I hope I’ve helped clear up some of the financial confusion that surrounds the decision to move to into assisted living. In the meantime, do you have more questions about choosing or planning for assisted living? Call us at (920) 727-5555 and we’ll connect you with a helpful, knowledgeable person to help you navigate the process.