Financial Options to Help You Pay For Care

At Cascade Living Group, we understand that making the decision to move to a senior living community is one that involves a lot of research and thorough financial planning. We also recognize and understand the importance of being able to afford your care, especially during these difficult economic times. Fortunately, we are partnering with several organizations to help you find convenient financial solutions that will assist you in paying for your senior living care. These financial resources include:

Elderlife Financial Services - Offers the efs:Access Loan to anyone seeking senior living or assisted living, regardless of age. The loan is affordable and you’re able to borrow what you need as you need it. Monthly payments are set to fit your budget and you have up to five years to pay back what you borrowed. Veteran’s Aid - Provides financial assistance to veterans or the widow/widower of a veteran. Individuals may be eligible for up to $1,500 per month from the Veteran’s Administration to help pay for assisted living, skilled nursing care, residential care home or home care.

Life Care Funding Group – Offers Life Settlements which involves the sale of a life insurance policy for an amount greater than the surrender value and is for those 65 years of age or older (ages as young as 55 may be considered). It can serve as a quick way to provide funding without tapping into financial reserves.

Long Term Care Insurance – Covers the cost of care that is not covered under other insurances and Medicare.