3 Independent Living Facilities in Houghton Lake, MI
The independent-living program offers seniors comfort while preserving their independence. Seniors who don’t need help in activities of daily living (ADLs), and like to participate in social activities, can benefit from an independent living community. Meals, housekeeping, laundry, and enjoyable activities are usually provided to seniors in an independent living complex. The community care professionals and staff can aid with transportation, cleaning, and medication management on request.
Complete Guide to Independent Living
There are 3 independent living communities in the Houghton Lake area. If you’re looking for right independent living in Houghton Lake, our local senior advisors can help you every step of the way. From affordable choices for seniors to luxury options, we’ll work with you to understand the cost of independent living in Houghton Lake. Then we’ll show you the best independent living communities suitable for your lifestyle, interests, and budget in Houghton Lake.
Explore our listings to compare the amenities, floor plans, and services available at each residence. To speak with one of our Family Advisors about independent living options and costs in Houghton Lake, call +(877) 409-0666 or get in touch through info@boomershub.com.
You may also take into consideration Independent Living facilities in nearby cities like: Harrison, Roscommon.
See The Best Independent Living Facilities around Houghton Lake
Cost of Independent Living in Houghton Lake, MI
The annual cost of independent living communities across the USA can range from $12,000 to $42,000. The cost variations depend on the amenities, home size, and cost of living in the area. The average cost of senior independent living in Houghton Lake is $3150 per month, which is 23% than the Michigan average of $3053. And if compared to the national monthly average of $2795, Houghton Lake retirement community cost is 4,071
What Are Alternate to Independent Living Senior Care Options in Houghton Lake, MI?
Elderly residents in Houghton Lake have multiple care options besides independent living, depending on their care level and medical circumstances. If you are looking for assisted living in Houghton Lake, there are alternative options to choose from. Similarly there are nursing homes in Houghton Lake, memory care in Houghton Lake, and home care in Houghton Lake - all of them are also the options you can look for.
Would you like to get to know more about other care options? Read this article – Independent living alternatives.
Independent Living Financial Assistance for Seniors in Houghton Lake, MI
Medicare does not directly compensate for living in independent living communities. But an individual may need medical care for a short period while living there. Medicare might cover for that if the older adults meet the qualifications. Nevertheless, older adults will receive regular Medicare benefits like doctor’s visits, hospital stays, and others. Entitled seniors in retirement communities can also use their Medicaid and Veteran advantages. It will help offset some approved medical fees even if independent living employees perform them.
Finance Independent Living with Additional Schemes
Several older adults can use Social Security funds, HUD support, Supplemental Security Income (SSI) payments, private retirement income, or long-term care insurance to pay for independent living expenses. A different choice for many seniors to pay for their independent living residence is to rent out or sell their residences that they will not use anymore.
Social Security Funds
The social security funds assist older adults finance for retirement services and obtain disability benefits. A certain amount is credited in social security accounts. You get them paid when you need long-term care after retirement. You can get support from 2 types of funds. The first one is the Old-Age Survivors Insurance (OASI), and the second is the Disability Insurance (DI) Trust Fund. You can use these funds only to finance benefits you receive during retirement.
HUD Program
HUD is a program operated by the Department of Housing and Urban Development (HUD). This department establishes plans and policies to fulfill the housing requirements of the USA. The HUD's program supports low-income seniors and their families with mortgage insurance coverage to own their houses.
Long-Term Care Insurance (LTCI)
The LTCI policy are available to seniors receiving long-term care. Elderly can finance for retirement residential services through the LTCI allowances that the standard insurance does not include. Based on the 2020 figures from the Administration for Community Living, about 70% of older adults over 65 will benefit from LTCI protection in the future. This includes help with ADLs, costs of chronic health diseases, having a disability, and long-term disorder like dementia.
Would you like to have broader knowledge about independent living financial assistance? Please read this article – How to pay for independent living?
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