Financial Considerations

Financial Considerations

Assisted Living Services, Memory Care and Independent Living expenses are not covered by Medicare or other types of medical health insurance.

The primary sources of payment for Assisted Living and Memory Care services are:

  • Private pay (approximately 70-75% of US adults)
  • Medicaid (approximately 15-20%)
  • Veteran’s benefits (approximately 5%)
  • Long-Term Care insurance (approximately 3-5%)

At Oasis Senior Living, we will help you and your family understand the financing options available and apply for available benefits from Medicaid and the Department of Veterans Affairs. We are experts on the application processes and will assist you with every step of the way.

In addition, we can help you understand your long-term care insurance policy and will assist you with initiating a claim and submitting the monthly claim forms for reimbursement of your qualifying expenses.

The primary sources of payment for Independent Living expenses are:

  • Private pay (approximately 95%)
  • Veteran’s benefits (approximately 5%)

Oasis Senior Living is a qualified provider with the VA and Medicaid and we accept the financial assistance provided by these programs.

Independent Living expenses are not covered by Medicaid or Long-Term Care Insurance policies

Contact us today for more information and consultation regarding your eligibility for these important programs.