Older people who reside in an assisted living facility and run out of funds will be evicted. This is a common and potentially traumatic experience, and it's one of the reasons why there are so many family caregivers in the U. S. UU.
In fact, 62 percent of nursing home residents use Medicaid coverage to pay for their care. Medicaid coverage varies from state to state, but eligible low-income seniors usually have 100 percent of their costs covered. And older people who want additional services in addition to their state's Medicaid coverage will need to pay for them. The state of Florida recognizes the fact that nursing homes are significantly more expensive than assisted living communities, and can save money by allowing people who prefer to live in assisted living residences to do so.
Therefore, a win-win situation is created; the state saves money and the person who needs care has a preferable living situation. Older people who cannot go to their families for financial support and have no money can be placed under the state's guardianship. This may be the case if the older person has a health emergency and can no longer live alone. In most states, Medicaid will cover nursing home expenses for up to 100 days. The Assisted Living for Elderly (ALE) exemption helps older Floridians who, as determined, need significant assistance with activities of daily living and want to receive that care in an assisted living residence rather than in a nursing home.
Next, we'll look at different ways you can pay for assisted living and nursing home care with no money.