How do I pay for Long-Term Care?

How do I pay for LTC?


 3 ways to pay for Long-Term Care

 1) Privately Pay - Most facilities require a 2-year private pay period before they will accept Medicaid. We can help you create a personalized strategy to prepare for the high costs of Long-Term Care through Risk Assessment and Risk Mitigation. We help you to leverage your assets and benefit from OPM (other peoples money) as part of effective Lon-Term Care plans. We can provide you with a no cost consultation to help you setup your plan.

The cost of Long Term Care can be more than $10,000 per month.

The cost of care varies based on the care setting, geographic location of care and the level of care required, among other things. 

Click to find out about the cost of care in your area.


2) Long-Term Care Insurance - People who had the opportunity, foresight, and financial ability to purchase LTC Insurance. LTC Insurance typically will help pay for a few years. At some point, benefits will run out which often leaves them in the position of needing Medicaid to pay at some future point.

Click to learn about Long-Term Care Insurance.


3) Medicaid Long-Term Care - What is Medicaid Long-Term Care? The Department of Home and Community Services (DSHS) is a Washington state government agency. Medicaid helps low income seniors get support and services when Long-Term Care is needed at home or in a community setting. 

Click to learn about Medicaid.