Assisted Living is never an inexpensive choice, but it may be a valuable choice. Family members oftentimes do not have the physical ability, emotional stamina, or time to spend the day with a loved one. As the needed hours for outside help increase, it may be worth a peek at the overall cost.
When families begin the process of investigating assisted living options, they are sometimes surprised by the fees involved. What do these fees cover?
Let's look at the math. Assisted living homes and communities usually include 2-3 meals a day, medication management, monitoring and security during the day and at night, certified caregiving and administrative staff, and housekeeping, just for starters.
What types of things won’t a parent need to pay for any more if they move out of their own home? Groceries, transportation, utilities, home repair, and in-home care are possible examples. Don’t be a victim of sticker shock. It may be that the value received by an assisted living option outweighs the cost of staying in the home.