Finding out about long-term care services and how to pay for them often overwhelms many people. If you served your country in the military, you likely have access to certain benefits that could make the process less expensive.
These benefits come in several different areas related to long-term care.
Several long-term care benefits in the package
The U.S. Department of Veteran Affairs states that all enrolled veterans have access to the VA Medical Benefits Package. To gain benefits, though, you must show a clinical need for long-term care services., and you must live near a community that has the covered services. The VA benefits package includes the following services:
- A geriatric evaluation to assess needs and to create a care plan
- Respite care
- Professional home health care
- Day health care
Different requirements exist for services if you are in a residential setting or live in a nursing home. If you reside in an assisted living facility, the VA does not pay for your rent; however, the VA could pay for certain extra services needed for your health care needs.
Many strategies to pay for long-term care costs
Even if you get military benefits, you still will need to look closely at a strategy to pay for medical expenses, particularly if you need to enter a long-term care facility. Some of this depends upon the exact benefits you receive from the VA. Some of this will depend upon how much income you have.
If you have generous income and/or assets, you could receive a lower benefit level as the VA considers the financial need of veterans. Income from private sources as well as long-term care insurance help pays for costs for many people. The more you learn about your options, the more likely you are to receive the help you need.