Talk with us: 8428 W 13th St N, Ste 130, Wichita, KS | (316) 650-4526 | keepsakekottagehomeplus.com
Private Pay: The Primary Funding Source
Most assisted living communities are paid via personal funds, including Social Security, pensions, retirement savings, and help from family members. To stretch dollars….
- Right-size the accommodation (smaller room vs. large suite)
- Prioritize essential services; add extras later if needed
- Evaluate shared suites (where available) to lower room costs
Long-Term Care Insurance
Many policies reimburse eligible services in licensed assisted living once benefit triggers are met (often help with two or more Activities of Daily Living or a qualifying cognitive impairment). Review….
- Elimination period (waiting days before benefits start)
- Daily or monthly benefit caps
- Total benefit pool or duration
- Required documentation (care plan, invoices, clinical notes)
Veterans’ Benefits
Eligible veterans and surviving spouses may qualify for programs that help offset care costs. Have your DD-214 ready and speak with a veterans’ service representative about coordination with other benefits.
Medicaid Considerations
Medicaid is designed for individuals with limited income and assets. Depending on program design and eligibility, certain services in community settings may be supported. Families should expect a thorough financial and clinical assessment and should apply early if they’re close to qualifying.
Note: Medicaid programs and covered services vary; confirm current details with local agencies and the specific community’s policies.
What Medicare Does and Doesn’t Cover
Medicare generally does not pay for room and board in assisted living. It may cover short-term skilled services (e.g., post-hospital rehab) when criteria are met, but not ongoing custodial care.
Common Payment Models & What Affects Cost
- All-inclusive – One monthly rate covers housing, meals, and most services.
- Base rate + levels of care – A housing base with tiered fees for care intensity.
- Fee-for-service add-ons – Medication management, escorts, extra laundry, or specialized diets may carry separate charges.
Drivers of cost – apartment size, staffing ratios, care complexity, and amenities. Ask how annual increases are calculated.
Planning Tips for Wichita Families
- Map a 12–24 month budget using Social Security, pensions, and any insurance benefits
- Request itemized pricing and sample invoices to avoid surprises
- Ask about home health, therapy, or hospice coordination to stay in place longer when appropriate
- Revisit the care plan quarterly or after hospitalizations
How Keepsake Kottage Helps
Keepsake Kottage Home Plus is a licensed, home-like assisted living community in Wichita. We help families ….
- Clarify current needs and forecast likely services
- Prepare documentation for LTC insurance claims
- Coordinate with outside providers when needed
- Set clear expectations about pricing and rate changes
Visit or call: 8428 W 13th St N, Ste 130, Wichita, KS | (316) 650-4526
Disclaimer: This article is general information, not financial or legal advice. Confirm coverage, eligibility, and program details with qualified professionals.
FAQs: Who Pays for Assisted Living?
What is the most frequent way assisted living is paid?
Private pay is most common, often combined with Social Security income and when available, long-term care insurance or veterans’ benefits.
Does Medicare pay for assisted living?
Medicare does not cover room and board in assisted living. It may cover short-term skilled services after a qualifying hospital stay.
Can Medicaid help in Wichita?
Depending on eligibility and program design, certain services may be supported. Apply early and verify details with local agencies and providers.
How can we reduce monthly costs?
Choose a smaller room, limit add-on services to essentials, explore shared accommodations where available, and coordinate external services strategically.
Will long-term care insurance pay at Keepsake Kottage?
Many policies reimburse eligible services in licensed assisted living once benefit triggers are met. We can help with documentation.
