How To Pay For Specialized Support
If you’re seeking greater peace of mind and confidence in caring for a loved one with memory loss, the compassionate team at Highpoint at Cape Coral is here to support you. We understand the emotional and financial concerns that come with exploring care for someone living with Alzheimer’s or other forms of dementia. That’s why we’re here to guide you through your options — every step of the way. At our close-knit community, your loved one will find safety, specialized support and a true sense of belonging. The first step is to ensure your loved one keeps any existing health care or insurance plans active. Coverage from private insurance, group employee plans, retiree health benefits, disability insurance, veteran’s benefits or long-term care insurance may help cover care costs. We’re here to help you navigate these resources and make informed decisions with confidence.
The first step is to ensure that your loved one keeps any existing health care or insurance plans active that may help meet their needs. Different types of insurance policies – including private insurance, a group employee plan, retiree health coverage, disability insurance, veterans benefits or long-term care insurance – could contribute toward paying for care.
Medicare does not cover long-term care – although Medicare coverage may help with any medical costs incurred with memory loss. Medicaid coverage is not accepted at our community; however, you can look into these additional types of coverage in order to find assistance.
- Employee or Retiree Health Plan: For an individual diagnosed with Alzheimer’s or another form of dementia before turning 65, coverage may be available through private insurance – either a group employee or retiree health plan may help pay for some expenses.
- Disability Insurance: A disability policy provides income for a worker who can’t work due to illness or injury; however, this type of plan would need to be in place before symptoms of memory loss begin.
- Veterans Benefits: Through the Veterans Aid & Attendance program, veterans and their spouses may qualify for monthly benefits to help with the costs of memory care. Eligible veterans must apply through the Veterans Administration and are encouraged to apply early because the process can take several months to complete.
- Long-Term Care Insurance: To utilize long-term care insurance for memory care, a policy must be in place before diagnosis of dementia or Alzheimer’s. For those who are planning ahead for the possibility of needing memory care, be sure to compare how much a policy pays per day and how many days or years it will pay out.
Memory Care at Highpoint at Cape Coral provides a safe, supportive and nurturing home for your loved one. When it becomes time to seek help with the challenges of memory loss, you can count on us to be a trusted resource. We’re here to help you explore the options for covering the cost of care — so you can make the best decisions for your family with confidence and peace of mind.