Financial Options for Memory Care

At CountryHouse, we strive to make specialized assisted living for memory care accessible to all who need it — to those who are struggling with Alzheimer’s and dementia, and for those who care for them. We understand that everyone has different financial needs, and are prepared to give you a number of different financing alternatives. Please contact a CountryHouse Director or Advisor to learn more.

The following options could help reduce or pay for some portion of your assisted living expenses

Long-term Care Insurance

Long-term care insurance provides funds for long-term care when other insurance does not provide coverage or is not available. Eligibility and premiums are generally based on the age and health of the insured.

Programs that sell or convert life insurance policies

Often, programs that sell or convert life insurance policies, such as Life Care Funding, can be applied to assisted living costs, and defray some of the month-to-month expenses of memory care.

Savings and Investments

Individuals and families pay for assisted living in different ways, including with financial resources that generate income in any form—such as savings, capital gains, and dividends.

Personal Loans

Personal loans may be used as a line of credit and drawn upon to fund move-in deposits, community fees, or monthly fees.

Real Estate

It is not uncommon for residents to use real estate as a source of funding, either through the sale of a home or through a home equity line of credit.

Tax Deductions

Seniors or their adult children may be eligible to deduct all or part of their assisted living costs as a medical expense on their federal income taxes. Please consult your personal tax advisor to learn more about this option.

The Veterans Aid and Attendance Program

This program can help defray the cost of assisted living, in-home health care, or other non-reimbursed medical care for those who served during wartime – and for their surviving spouses and dependents. Eligibility requirements are related to past military service and the level of care required.

Companion Living

A final option is choosing to share an apartment with another resident, which enables two people with common interests to enjoy the comforts of friendship while sharing the financial responsibility. Residents who live together receive all the benefits of our services and amenities, with significantly lower housing expenses.

Treating people like family is at the heart of what we do. We’re here to offer as much help as you need. Schedule a Visit

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CountryHouse Stories

W e honor a person's life by telling his or her story. Alzheimer’s disease gradually robs people of the memories that remind them of who they are, where they’ve been, and what they’ve done. By gathering and preserving memories, we can bring important events and experiences from the past into the present. We can be the link to each one’s life history. Stories help affirm all the positive things a person has done in life and can still do. They remind us of who the individual was before Alzheimer’s disease.

My name is Jeff Ryan and my father, Jim Ryan is a resident at Country House in Lincoln, NE on 84th Street. I wanted to write a testimonial to the Country House organization. My father has lived at County House for a few years now. What helped my family decide on Country House over the other care facilities in the area, is the Country House organization. Country House is a care facility that truly cares, from the top person in the organization to the chef in the kitchen. Every person associate…
Jeff RyanAuto Claim Team Manager
Dear Becky, It has been almost two months since dad died (Erick Seifert), and I wanted to express our deep gratitude and appreciation to you and all of your outstanding staff at Astoria Gardens. As you recall, our family was quite involved with selecting a memory care unit for dad. We came armed with a long list of detailed questions when looking for the ideal placement. Having experience as an RN with hospice and home health care background, I knew what I wanted AND did not want when it c…
Diana RootBSN, RNPlano, TX
Dear Mr. Hug, Once again, your team at the Kensington has proven their devotion to your motto, “Treating People Like Family is the Heart of What We Do!” You were kind enough to visit my family in my mother’s room the day that we moved her in a year ago. This evening, with my brother, Mike, from Hastings out-of-town, I was faced with being “on call” with my mother Doris Kleppinger from where I live in Virginia. She has been facing some issues of not eating, difficulty swallowing, and breath…
Lu KleppingerVienna VA

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