80 Assisted Living Facilities in Franklin Lakes, NJ
Seniors who require daily assistance with ADLs and IADLs can live in assisted living communities. They provide supervision, personal care, and recreation activities for seniors. These communities may also include transportation assistance and minimal nursing care. Under certain conditions, assisted living communities may also provide respite care, hospice care, or dementia care.
Complete Guide to Assisted Living
BoomersHub found 80 assisted living options in the Franklin Lakes area. On average, these senior living communities in Franklin Lakes can cost $6950 per month (Genworth Cost of Care Survey 2021). We've compiled detailed information on pricing, amenities, and services each facility offers to help you narrow down your search. Whether you're considering luxury assisted living in Franklin Lakes or want to stick to a budget, we'll work alongside you. Our local advisors can help families make informed decisions for FREE in selecting the best-assisted living facility near Franklin Lakes.
To speak with one of our experienced Family Advisors about the top assisted living facilities in Franklin Lakes, call +(877) 409-0666 or get in touch through info@boomershub.com today.
You may also take into consideration Assisted Living facilities in nearby cities like: Bloomfield, Fairfield, Boonton, Edgewater, West Orange, Saddle River, Waldwick, Wayne, Cresskill, Emerson, Norwood, Paramus, Westwood, Summit, Florham Park, Madison, Morris Plains, New York, New City.
See The Best Assisted Living Facilities around Franklin Lakes
Cost of Assisted Living in Franklin Lakes, NJ
According to Genworth Financials' 2021 Cost of Care Survey, the average cost of Assisted Living in Franklin Lakes is $6950 per month, which is 10% to the New jersey average of $6,346. And as compared to the national monthly average of $4,000, Dallas Assisted Living's cost is almost similar.
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Weather and Climate in Franklin Lakes
Seasonal Temperatures: Franklin Lakes has a typical summer high of 84°F and a winter low of 20°F. And the yearly rainfall here is about 50 inches, while the snowfall is around 26 inch(es) on average.
Air Quality: The Average air quality index rating is usually 63, which is higher than the national average of 58. The index rating at or below 100 is considered satisfactory.
Hospital Services in Franklin Lakes for Elderly People
The health index of 90.5 indicates resourceful quality of healthcare services available for seniors, This index is higher than than the state average of 88.4. The Franklin Lakes hospitals cater their services to meet the treatment requirements of seniors and people of all ages. Therefore, you can rest assured of getting the best possible care in Franklin Lakes for any common or chronic health condition.
What Are Alternate to Assisted Living Senior Care Options in Franklin Lakes, NJ?
Elderly individuals in Franklin Lakes have several care options besides assisted living, depending on their care level and medical situation. There are other choices if you do not need continuous care assistance - then you should look for independent living in Franklin Lakes. Likewise there are nursing homes in Franklin Lakes, memory care in Franklin Lakes, and home care in Franklin Lakes are also options you can discover if you (or your relative) requires a certain level of medical assistance.
Would you like to get to know more about other care options? Read this article - Alternatives to assisted living: what other care options are available?
Assisted Living Financial Assistance for Seniors in Franklin Lakes, NJ
There are various financial support choices available for senior citizens to meet the expenses of Assisted Living in Franklin Lakes. Furthermore, non-profit organizations and Franklin Lakes-area agencies supply assistance towards better senior living in Franklin Lakes, NJ.
Private Pay
Out-of-pocket payment is the most secure approach to cover the cost of Assisted Living in Franklin Lakes. This is because you pay from your own pocket for the low-cost assisted living nearest you. However, it may not always be the most straightforward choice for most older adults. In that situation, you can make use of a blend of the following options.
Reverse mortgage
A reverse mortgage is a equity release program. An elderly property owner with significant home equity can access the price of the property and get funds. The funds can come in the form of a steady stream of income, a one-time payout, or a credit line.
Medicaid and Medicare benefits
Every state has its own unique Medicaid program to help financially strapped residents with healthcare-related bills. Additionally, Medicaid covers specific extended care expenses for eligible aging individuals. Still, you will need to meet the region-specific requirements to be approved for the Medicaid assistance in Franklin Lakes. To cover assisted living in New jersey, the state mostly utilizes HCBS Waivers (Home and Community-Based Services). However, this waiver does not finance the room and board costs in assisted living.
On the other hand, Medicare doesn't cover the expense of ADLs aid for residents of assisted living communities. Nonetheless, senior citizens can utilize Medicare benefits to pay for approved healthcare needs in assisted living residences in Franklin Lakes.
Here you can read a bit more about Medicare benefits for seniors
Veteran benefits
The VA’s (Veteran Administration) Aid & Attendance program in Franklin Lakes, NJ gives monthly pensions to suitable veterans and their spouses to assist with assisted living costs. Veterans can also utilize their supplementary benefits to cover assisted living expenses in Franklin Lakes.
Read more about: A&A Veteran Benefits
For more information about different ways to finance assisted living please read this article – How to pay for assisted living?
Rules and Regulations for Assisted Living in Franklin Lakes, NJ
Franklin Lakes Assisted Living communities are required to follow a a set of guidelines and regulations imposed by New jersey. These regulations are put in place so that the facilities maintain top-level and secure care services for seniors. For instance, the Assisted Living care facilities in Franklin Lakes provide thorough training and education for the caregivers. This ensures that caregivers to be competent and professional while assisting seniors with their daily needs. Visit our New jersey Assisted Living page to find more information on the state-specific rules and guidelines.
Additional Assisted Living Resources for Seniors in Franklin Lakes
Numerous government and non-profit agencies work with each other in Franklin Lakes to provide retired individuals with better services. These services ensures seniors can lead an enhanced life in Franklin Lakes. Concerning the Franklin Lakes resources, they can include free meal delivery services, utility billing programs, medical programs, and others. Find out the available free resources for seniors from the Assisted Living New jersey Page
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