Understanding Assisted Living Costs
At Hudson Manor, we strive to provide clear and accurate information about the financial aspects of assisted living. It’s important to note that Medicare does NOT cover the expenses associated with assisted living facilities or continuing retirement communities. The cost of long-term housing and care, like what we offer at Hudson Manor, is typically funded through various means, including:
- Personal retirement assets
- Long-term care insurance
- Veterans benefits
- Selling assets, such as your home
- Medicare’s primary focus is on short-term skilled health care services for seniors who require it.
Medicaid and Assisted Living
For those with limited financial resources, Medicaid can offer substantial assistance. You may qualify for the Statewide Medicaid Managed Care Long-Term Care Program, a “nursing home diversion program” overseen by the state of Florida under the federal Home & Community-Based Services (HCBS) Waiver Program. For more details on eligibility and the application process, please reach out to your local Aging and Disability Resource Center.
Affordability at Hudson Manor
Even with Medicaid waivers, the cost of assisted living can still be significant. At Hudson Manor, we are committed to providing affordable options for our residents. We understand the financial challenges and offer competitive pricing compared to the typical monthly costs of assisted living, which can exceed $6,000, so we strongly advise you to get more details about our all-inclusive pricing starting at $2,997 for semi-private rooms and $4,995 for private rooms, here.