What is Private Pay Assisted Living?
If you're looking at assisted living around Lafayette, Maurice, Youngsville, or Broussard, you'll probably run into the term "private pay." It just means the resident or their family pays for care directly, instead of a government program like Medicaid paying for it.
Woodbriar Senior Living is a private pay community. Here's what that means and how families usually make it work.
How Families Pay for Assisted Living
Most families use a mix of:
- Savings or retirement accounts
- Social Security and pension income
- Money from selling a home or other property
- Long-term care insurance
- Investment income
Some veterans and their surviving spouses may also qualify for VA benefits that help with the cost of assisted living, so it's worth asking about.
Why Most Assisted Living Is Private Pay
Medicaid mainly covers nursing home care, which is medical care. Assisted living is less about medical care and more about daily help and a place to live, so Medicaid usually doesn't pay for it the same way. That's why most assisted living communities, Woodbriar included, are private pay.
What Private Pay Means for Your Family
- Care that fits the person: care plans aren't limited by program rules, so they can change as needs change, from a little help with daily tasks to memory care.
- A simpler move-in: there's no government approval process to wait on before your loved one can move in.
- Knowing what you're paying for: at Woodbriar, that's a private apartment, meals, housekeeping, activities, transportation, and staff on site 24 hours a day.
How to Plan Ahead
- Add up your resources. Look at monthly income, savings, insurance, and anything you might sell.
- Check any long-term care insurance policy. Some cover assisted living and memory care.
- Talk with a financial planner or elder law attorney. They can help make the money last and point out options you might miss.
- Come see Woodbriar. Ask what's included in the monthly cost so you're comparing apples to apples.
Questions About Cost?
Cost is a big part of this decision, and we're happy to talk it through. Call us at (337) 740-9663 or ask on your tour.
This page is general information, not financial or legal advice.
