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Memory Care in Florida
Memory care is a type of specialized care for seniors living with Alzheimer’s disease and different forms of dementia. Usually, communities provide safe and secure environments where specially trained personnel can closely monitor the health and overall condition of the residents. You’ll also find programs, activities, and events designed to help memory care residents improve their cognitive abilities while enjoying various activities, including their hobbies. Specific skill sets and a particular type of assistance are required when it comes to memory care. Licensed and skilled nurses plus a caring and compassionate team are necessary to effectively provide the higher level of care residents need.
Senior Living Selections has worked with numerous memory care facilities in Florida’s Sarasota and Suncoast regions to understand which facilities are best equipped to handle this task. So whether you or a loved one is at the early stages of dementia or further down the road, it is of the utmost importance to work with a Senior Living Selections advisor to find the right memory care facility.
What Is Memory Care?
Memory care or Alzheimer’s care is a specialized service for individuals living with Alzheimer’s disease and other forms of dementia. It involves a residential space where seniors with memory loss are supplied with their basic needs, activities for memory improvement, and more.
Memory care facilities come with a safe and unique environment to improve senior residents’ quality of living, reduce their confusion, prevent them from wandering, and encourage their daily socialization with neighbors and staff members. Some facilities also frequently host enjoyable programs and activities that are proven beneficial for individuals with memory loss.
How Much Is Memory Care in Florida?
Memory care typically costs significantly higher than assisted living due to the higher quality of care and the specialized staff training and resources required. According to NIC Statistics, the average monthly cost of memory care in the US is $6,953 compared to the monthly assisted living average of $5,380. On average, there is a 25% difference between their costs. Genworth’s 2021 Cost of Care Survey states that the monthly average cost of assisted living in Florida is $4,000. Considering this data, one could expect an average monthly cost of $5,000 for memory care in Florida.
It can be difficult to determine the most suitable memory care community or facility, especially if you’re on a tight budget. At Senior Living Selections, we can assist you in finding the perfect memory care within your means for you or your loved one.
Payment Options for Memory Care in Florida
It’s clear that memory care is generally more expensive than other forms of residential senior care. Fortunately, families have several financial assistance options to help with the high costs. Here are some forms of financial assistance for memory care that you can use:
Residential memory care is usually not covered by Medicaid, but it covers some services associated with the needs of seniors with dementia or Alzheimer’s disease. Although the coverage may be limited, it can still help lighten the burden of memory care expenses for families.
Medicaid does not specifically cover memory care. However, Florida Medicaid and the Assisted Living for the Elderly Waiver program allow seniors to receive financial assistance, given that they meet the requirements for eligibility. Some of the factors for eligibility include state income and asset guidelines.
Life Insurance Settlements
People with life insurance policies may be able to receive a settlement or cash-out instead of using their insurance for its original purpose. Some seniors use their life insurance benefits to help with long-term memory care costs, while others keep their policy for the death benefit. Early access to their benefits may vary from one policy to another.
Aid and Attendance Benefit
This is the tax-free monthly payment veterans receive to help them pay for long-term care services, such as memory care. It is different from their Veterans Affairs (VA) pension. You can learn the complete details about A&A on the VA website, including the benefit amount and eligibility.
Adults aged 62 and above can take out a loan through reverse mortgages, such as Home Equity Conversion Mortgage. It can help seniors access some liquid value for their home without selling it immediately.
Memory Care Advisors in Venice, Florida, and the Surrounding Areas
Senior Living Selections provides advice for seniors and families who need help finding the memory care facility most suitable for their budget and needs. With approximately seven memory care facilities within Venice, FL, and 12 in nearby cities, Senior Living Selections can help you narrow down the best options for you and your loved ones and make the transition process easier.
Benefits of Memory Care in Florida
Memory care facilities are specifically designed to improve the condition of aging people and provide numerous benefits, such as emergency support, cognitive stimulation, and more. With greater chances of having a higher quality of life, you or your loved ones will surely enjoy your time in a memory care facility.
Let us find the best memory care facility for you or your senior loved one.
You don’t have to stress yourself locating the best memory care facility when you have Senior Living Selections at your service. For memory care assistance in Florida, request a consultation with one of our local advisors.
MEMORY CARE AMENITIES IN FLORIDA
Memory care facilities in Florida keep residents safe and provide them with a better quality of living through various amenities and features other senior care communities don’t usually have. Here are some of the amenities that memory care facilities in Venice, Florida, and the surrounding cities offer.
WE HAVE AVAILABLE ASSISTED LIVING FACILITIES IN THE FOLLOWING AREAS IN FLORIDA:
Senior Living Services in Florida
Senior Living Selections offers assistance to those who need help in choosing the best senior care facility for themselves or their loved ones.
We provide unbiased and objective information about every facility for your security and convenience.