Financial
To make an educated decision when it comes to senior living, a personal meeting with the Manorhouse staff will help you better understand how we can address your needs, compare communities, and help you find the best fit for your family.
Here are some FAQ related to paying for assisted living.
How much does assisted living cost? Unfortunately the answer is not always simple. Different assisted living companies and owners use different types of pricing structures, so comparing communities can be difficult and knowing what your monthly bill can be unpredictable in some cases. The cost of assisted living is based upon the type and features of the apartment and the amount of services needed by a specific resident. Monthly fees cover rent, utilities, the dining service, housekeeping, personal care and many other services and amenities. There may be additional charges for items such as guest meals, room service, special recreational events, transportation, personal laundry, etc. |
Is the monthly fee a set rate or does it change? Most Assisted Living communities have a year-long lease that residents sign, just like renting an apartment. The base monthly fee will be a set amount outlined in the lease, but the total monthly cost depends on the fee system used to calculate personal care where your Mom or Dad lives.Also keep in mind that most Assisted Living communities will increase their fees every year. Ask the community what their typical increase has been for the last few years. This will give you a good indication what to expect when your one-year lease is up for renewal. |
What is or isn’t included in an assisted living communities monthly fee? In most assisted living communities the basic monthly fee covers most of what is necessary to live comfortably, including:• an apartment • three meals per day • utilities (heat, air-conditioning, electricity) • maintenance • weekly housekeeping • laundry of bed linens • 24-hour staffing • the community’s social, fitness, cultural and educational programming Help with personal care needs such as bathing, dressing and grooming, as well as medication assistance, will be available but may or may not be included in the basic fee. If it is not, it will be available as an extra fee, either in a package or on an hourly basis. Transportation to medical appointments and recreational trips, personal laundry service, beauty salon services, and escorts and reminders for meals and activities may also be available at the community. These services may be covered in the monthly fee or they may incur extra charges. |
Why do costs vary between communities and companies? Costs may vary by the amount and kind of personal care assistance included in the service package, by the size, location and special features of the apartment, by geography, and by the company. Some companies charge more than others, perhaps because they need to maximize profits for stockholders or they have a large corporate headquarters with more overhead. |