Financial Information
Information and Resources
Does Medicare pay for assisted living?
Medicare typically does not pay for assisted living which is assistance with activities of daily life. Medicare will pay for part or all of any medical care you need while at an assisted living facility.
Does insurance cover assisted living?
Long-term care insurance typically does include assisted living. Check with your carrier for more information on your coverage.
Give us a call
Contact us today to speak with our admissions staff for more information.
337-837-9624
Veterans Benefits for Assisted Living
Seniors are discovering a little-known benefit for veterans that helps pay for long-term care. The Aid and Attendance benefit is gaining attention because it eases the financial burdens of older adults who have served our country and their spouses. This benefit will cover some of the expenses of assisted living communities that neither Medicaid nor Medicare provides.
To qualify, veterans must:
- Have served in wartime, though they didn’t have to see combat.
- Have no more than $80,000 in assets not counting the family home, car, and personal possessions.
- Prove financial need, usually by demonstrating that expenses exceed income.
- Show they need someone to help them with basic activities of living, such as bathing, grooming, or eating.
The monthly benefit pays up to:
- $1,470 to a veteran
- $945 to a surviving spouse
- $1,743 to a couple
For additional information concerning veterans’ benefits for assisted living, please contact any of the following sources:
Department of Veterans Affairs: 1-800-827-1000 or va.gov
Louisiana Veterans Affairs: 318-677-7540
Veterans Benefits: 318-676-7540
Or ask the Executive Director of Camelot of Broussard Assisted Living for a brochure to learn more.
Veterans or next of kin may access military discharge documents at www.vetrecs.archives.gov
