How To Save Maximum Assets And Income When Applying For Medicaid Assistance

How Assisted Living Benefits for Veterans

Learn How Assisted Living Benefits for Veterans Can Help You

May 24, 20242 min read

Assisted Living Benefits for Veterans can drastically ease the financial burden of assisted living.  As individuals age and health unfortunately declines, assisted living care is often needed.  However, monthly prices often range from around $2,300 a month, sometimes all the way to $6,000 a month for high-end facilities.  The average monthly cost of assisted living is somewhere in the middle, around $4,000 a month.  This is certainly not cheap, especially for seniors on fixed incomes.  Assisted Living Benefit for Veterans can help drastically offset the amount that a qualifying individual pays “out of pocket” per month.

How Assisted Living Benefits for Veterans can Help You?

While for skilled nursing Medicaid will cover all money owed beyond an individual’s patient responsibility, things work differently for assisted living.  Not all assisted living facilities are contracted with Medicaid, but the ones that are will get $1,400-$1,600 a month from Medicaid.  The rest of the assisted living bill must be paid by the patient.  For this reason, it is especially important that you or a loved one applies for Assisted Living Benefits for Veterans if eligible.

Before we dig into the different amounts that Assisted Living Benefits for Veterans can pay, let’s take a look at who may qualify.

In order to be eligible to apply for Assisted Living Benefits for Veterans you or a loved one must be aged 65 or older, be a wartime veteran, and not currently be receiving 100% VA disability income.

What is considered wartime?  The dates are: World War II (December 7,1941-December 31, 1946), Korean Conflict (June 27, 1950-January 31 1955), Vietnam era (February 28, 1961-May 7, 1975, with some exceptions), and The Gulf War (August 2, 1990-present).

Now let’s look at the amounts that Assisted Living Benefits for Veterans may pay.  The maximum monthly amount for two married veterans is $3,649, the surviving spouse of a veteran can receive up to $1,478, a veteran who has no spouse or dependent children can receive up to $2,300, a married couple where the veteran requires care can get up to $2,727, and a healthy veteran with a spouse that needs care can get up to $1,750 a month.

If you or a loved one meets these eligibility requirements to apply for Assisted Living Benefits for Veterans, don’t delay!  These benefits can be the difference between you or a loved one receiving needed care and not receiving it.

Final Word:

Platinum Benefit Services has been helping clients obtain Medicaid approvals for over 27 years.  In that time, we have obtained over 14,000 approvals for our clients.  We work closely with a VA expert who can help you or a loved one apply for Assisted Living Benefits for Veterans.  If you want to rest assured that you or your loved one’s Assisted Living Benefits for Veterans application is in the best possible hands, please do not hesitate to reach out!  We will ensure that you or a loved one receives the care and benefits to which you are entitled.

Platinum is the most customer oriented, outcome focused firm in the Medicaid Processing business. Not only do we fix normal problems, we are frequently hired to fix complex, and seemingly impossible problems created by others who have incorrectly handled the planning or application process.

Platinum Benefit Services

Platinum is the most customer oriented, outcome focused firm in the Medicaid Processing business. Not only do we fix normal problems, we are frequently hired to fix complex, and seemingly impossible problems created by others who have incorrectly handled the planning or application process.

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