One of the most crucial parts of caring for an aging loved one is helping them determine when they can no longer live on their own. Assisted living facilities can help your loved one maintain the feel of independent living while providing them with the assistance that they need to live safely and healthfully.

If you think it’s time for your loved one to move into assisted living, then you might be wondering how you’re going to pay for it. Thankfully, there are a few options available to ease the financial burden. Read on to learn how to pay for assisted living.

Veteran Aid & Attendance

If you want to help your loved one move into an assisted living facility like Maple Heights Senior Living, and your loved one is a veteran, then Veteran Aid and Attendance (VAA) might help.

VAA is a federal pension program for veterans who need assistance with daily living activities like bathing or eating. Veterans who qualify can receive up to $1,936.50 per month if they do not have any dependents or $2,295.75 per month if they have a dependent spouse.

There are income and asset restrictions to qualify, so be sure to check out your options.


If your loved one is on a fixed income that’s relatively low, then they may qualify for state Medicaid assistance.

Several US states have programs in place to help people pay for assisted living facilities. To qualify, your loved one’s combined income and assets must make them fall below federal poverty levels. Schedule an appointment with a Medicaid representative to learn about your loved one’s options for financial assistance with assisted living.

Long Term Care Insurance

Many people think several steps ahead and pay for something like long-term care insurance to help cover things like assisted living costs when they’re older. Your loved one might have been one of them!

Long-term care insurance pays for things like assisted living, but it is paid for by paying premiums throughout your life. If your loved one has it, then it might be time to cash in on it. 

Out of Pocket

Your final option is to pay for the expenses of assisted living out of pocket. Depending on your loved one’s income level, this may or may not be possible. If their finances are tight, it might be necessary for the family to help pay for the monthly expenses.

Though paying out of pocket may seem stressful, it’s important to remember that assisted living provides your loved one with most of all their daily needs, so their budget won’t necessarily have to stretch much further.

Are You Worried About How to Pay for Assisted Living?

Many people find themselves worried about how to pay for assisted living for their loved ones. The programs listed above can help ease the financial burden and give you the peace of mind that your loved one is well-cared for. That peace of mind is worth the expense.

Are you looking for more great information about family life? Look no further! Check out the rest of our for tons of content that’ll help you support your family!