Medicare does not cover independent living and usually doesn’t pay for assisted living expenses. However, it can cover certain expenses like short-term care in a skilled nursing facility, depending on your eligibility.

Ways to Pay for Independent Living

1. Personal funds: Most seniors use their income and retirement savings to pay for independent living.
2. Social Security benefits and pensions: Elders receiving Social Security retirement benefits and other types of pensions can use this income to help cover independent living expenses.

Independent living is similar to assisted living, though seniors don’t require daily care and assistance. Residents within an independent living community are typically able to perform everyday tasks, such as preparing meals or cleaning their home, though the facility may offer these services as needed.

Independent living is simply any housing arrangement designed exclusively for older adults, generally those aged 55 and over. … Since independent living facilities are aimed at older adults who need little or no assistance with activities of daily living, most do not offer medical care or nursing staff.

Assisted living communities range from stand-alone residences in some cases, to being one level of care offered within a larger residence or retirement village. On the other hand, long–term care is required for seniors who need the availability of 24-hour care and supervision.

What is the Difference Between Assisted Living and Nursing Homes:

The biggest differences between these two types of senior housing centers revolve around medical services provided and the physical plant of each community. Residents in a nursing home require around the clock care and monitoring. Residents in an assisted living community usually have their own apartment or suite.

Most families pay for assisted living out of their own pockets using a combination of Social Security, pensions, Veterans benefits, home equity, and savings.

Ask what education, training and experience the assisted living facility staff has. If the facility offers specialized care, ask what training staff receive to assist residents requiring this type of care. Ask the assisted living facility if they conduct national or state background checks on all employees.

Here are questions you should ask to help select the right assisted living facility, broken down into eight overarching areas that raise additional questions at each turn:

• What are my needs?
• How much will it cost?
• Where is the facility located?
• What activities and amenities are available?
• How is health care delivered?

Assisted Living is a supportive senior living option promoting independence and personal dignity in a safe, home-like environment. Help with the tasks of daily living, such as dressing, bathing, evening care and medication monitoring, is personally tailored to each individual’s personal needs and preferences.

In Assisted Living, a resident makes their home in a private apartment with the convenience of maintenance, housekeeping and laundry services, and has full access to the community’s full array of amenities featuring an active lifestyle that includes ample access to entertainment, recreation, dining and transportation.

Assisted Living is a wonderful option for seniors who no longer wish to live alone or may need some help, but who don’t need or want institutionalized care in a nursing home. It is best suited for seniors who do not require complex medical care, but may require additional support with personal care and daily.