Assisted Living Benefits for Veterans are a lifeline for many individuals. Unfortunately, it does require a process of paperwork that you probably do not want to do, especially when you or a loved one is in need of care. Fear not, Platinum Benefit Services is here to help! Assisted Living Benefits for Veterans can be combined with Medicaid benefits to create a powerful tool to help offset the cost of long-term care in an assisted living facility.
Experts Help you in Obtaining Assisted Living Benefits for Veterans:
Let’s discuss assisted living facilities and how they play into Assisted Living Benefits for Veterans. It is very important to note that Medicaid is not contracted with every assisted living facility, so it is crucial for you to find an assisted living facility that accepts Medicaid for yourself or a loved one. Assisted living facilities range in monthly cost, but for a high-quality facility, it is around $6,000 per month for an individual. If both spouses are in the facility, the cost may not double, as there is the potential for a discounted rate. Understandably, this is out of reach for many people, especially seniors on limited, fixed incomes. We believe that those who have defended our country have the right to care when they need it. This is where Medicaid and Assisted Living Benefits for Veterans come into play.
Medicaid will generally pay $1,400-$1,600 a month to assisted living facilities with which it is contracted. Assisted Living Benefits for Veterans will pay different amounts based on the situation. Let’s look into this. Two married veterans can receive $3,649, while a surviving spouse of a veteran can get $1,478. A veteran without a spouse or dependent children is eligible for $2,300 a month, whereas a married couple where the veteran requires care can receive $2,727 a month. If the veteran is healthy but the spouse needs care, then the veteran qualifies for an Income Improvement Pension of $1,750 a month in Assisted Living benefits for Veterans.
Let’s say that you are a single veteran and receive $2,300 a month in Assisted Living Benefits for Veterans, and $1,600 a month in Medicaid benefits. That means that you receive $3,900 a month. If you are in an assisted living facility that costs $6,000 a month, that means that 65% of your bill is paid. What a relief that would be!
Over To You:
The good news is that Platinum benefit Services is here to help. We have won over 14,000 Medicaid approvals for our clients in more than 27 years of service. We also work closely with a VA expert who can help you or a loved one obtain Assisted Living Benefits for Veterans. If you or a loved one needs Medicaid and/or Assisted Living Benefits for Veterans, we are your go-to source! We will not stop until our clients receive the benefits to which they are entitled!
