Medicare does not cover home care, assisted living, or memory care. Most families have to rely upon their own resources.
A reverse mortgage may be an option for home care. If long-term care insurance is available, it will likely cover home care, assisted living, memory care, or a nursing home. (Talk with the Veterans Administration about these benefits for vets.) For a nursing home, Medicare will generally cover a portion of the cost for short-term care only.
Medicaid will usually cover the gap, but this is available only for those with low income. The rest must pay out of pocket or have supplemental insurance. Permanent residence in a nursing home is not covered.
Read March’s Delaware Palliative Newsletter in its entirety by clicking: Getting help to pay for care.
