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How Much Does It Cost for Assisted Living In Indiana

The minimum cost of assisted living in Indiana is around $2,650 and the maximum cost could be as high as $6,225 on a monthly basis. The average cost of these facilities is around $3,925 and yearly it will be around $47,100. The cost of this care is anticipated to increase by 1% down the road.

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How Much Does It Cost for Assisted Living In Indiana

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  1. How Much Does It Cost For Assisted Living In Indiana? www.stonecrestofmeridianhills.com

  2. Common Services Available in Assisted Living in Indiana When searching for assisted living communities in Indiana you will find each one provides a set of diverse amenities. It is not as intensive as nursing home care; however, it still provides seniors with the necessary support whenever it’s required. Some of the services offered by assisted living include transportation, meal preparation 2-3 times daily, help with daily chores such as bathing, eating and dressing.

  3. Useful Facts About Assisted Living in Indianapolis: In the state of Indiana, there are around 38,875 assisted living beds and approximately 10.9% of the population is above 65 years of age and this number is growing. There are also more than 843,780 total people over the age of 65 which makes it equal to 39 beds per 1000 seniors in the state of Indiana.

  4. The Cost of Care in Assisted Living Communities: The minimum cost of assisted living in Indiana is around $2,650 and the maximum cost could be as high as $6,225 on a monthly basis. The average cost of these facilities is around $3,925 and yearly it will be around $47,100. The cost of this care is anticipated to increase by 1% down the road.

  5. Considerations When Searching For Assisted Living Locations: No two people are same and their needs will obviously be different in an assisted living facility. Taking some time to consider the options will help ensure you find the ideal location for you. Scheduling facility tours is a great idea and it gives you an opportunity to ask them some questions so that you can get to know the facilities and cost structure involved. Some questions to ask are: Is there an option for extra care in the future? Is transportation provided for residents? Are there any planned activities for the community residents? Does the community charge a flat rate for all services or do they provide a la carte items?

  6. Ways to Cut Cost of Assisted Living Facilities There are some ways to cut costs of assisted living facilities. In some places, Medicaid can offer some help but this is not a program designed to address long-term care costs. Seniors can sell their homes and use the funds to pay for the cost involved or consider a reverse mortgage which is something offered to seniors only. Additionally, there are several organizations in Indiana which help military veterans and surviving spouses. When it’s time to start looking into assisted living for you or a loved one we hope these tips help you to find the best service available.

  7. Thank You for Your Precious Time Stonecrest of Meridian Hills 8549 N Meridian Street Indianapolis, IN 46260 Phone: (317) 253-2020 Fax: (317) 253-2022

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