2 Memory Care Facilities in Lake Wales, FL
Memory care facilities in Lake Wales are designed to provide 24/7 skilled care and supervision to seniors with Alzheimer's Disease (AD) or other types of dementia. These communities have specially-trained caregivers to take care of the dementia patients’ daily needs and mental health. In addition, they provide dementia friendly, secure environment to prevent confusion and senior wandering. And to reduce or avoid anxiety, irritation, forgetfulness, and other dementia symptoms, they also offer cognitive exercises and therapies for residents.
Complete Guide to Memory Care
Finding the right memory care facility can be arduous, unlike any other type of senior care. This difficulty is due to the unique circumstances of each memory care resident. BoomersHub is here to help you if your loved one needs dementia care in Lake Wales. Alzheimer’s care in Lake Wales incorporates continuous supervision, trained staff, memory care activities and therapies to improve residents’ quality of life. If you’re considering memory care in Lake Wales, know it’s a safe setting for its residents.
From our 2 memory care facilities in Lake Wales, we’ll work with you to find the right fit according to your family member’s budget, interests, and care needs. First, explore our listings to compare the amenities, floor plans, and services available at each residence. Then, avail of our advisor service for FREE by calling us at call +(877) 409-0666 or get in touch through info@boomershub.com.
You may also take into consideration Memory Care facilities in nearby cities like: Winter Haven.
See The Best Memory Care Facilities around Lake Wales
Cost of Memory Care in Lake Wales, FL
According to Genworth Financials' 2021 Cost of Care Survey, the average cost of Memory Care in Lake Wales comes to around $4373 per month. This is 17% than the national average cost of Memory Care of $5064 per month. And if we compare the price with the Florida average of $4671, it is similar
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Weather and Climate in Lake Wales
Seasonal Temperatures: Lake Wales has a typical summer high of 93°F and a winter low of 50°F. And the yearly rainfall here is about 51 inches, while the snowfall is around 0 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 Lake Wales for Elderly People
The health index of 96.4 indicates resourceful quality of healthcare services available for seniors, This index is lower than than the state average of 98. The Lake Wales hospitals cater their services to meet treatment requirements of seniors and people of all ages. Therefore, you can rest assured of getting the best possible care in Lake Wales for any common or chronic health condition.
What Are Alternate to Memory Care Senior Care Options in Lake Wales, FL?
Elderly residents in Lake Wales have wide range of care options besides memory care, depending on their care level and medical situation. Regarding assisted living in Lake Wales, there are diverse options to select. Similarly, you can search for independent living in Lake Wales, nursing homes in Lake Wales, and home care in Lake Wales to find the best senior care for your requirements.
Would you like to get to know more about other care options? Read this article – What are the alternatives to memory care?
How to Pay for Memory Care in Lake Wales, FL?
Memory support costs in Lake Wales may be relatively costly than many other senior care alternatives. Consequently, covering the expenditures can be troublesome for retired individuals and their loved ones. Nonetheless, the retirees can consider a few benefits and modes of payment to fund memory care in Lake Wales.
Medicaid and Medicare benefits
Every state has its own unique Medicaid program to help economically challenged residents with healthcare-related costs. Additionally, Medicaid covers specific extended care expenses for eligible elderly individuals. Still, you will need to satisfy the state-specific requirements to be approved for the Medicaid coverage in Lake Wales. To pay for memory care in [state], the state mainly utilizes HCBS Waivers (Home and Community Based Services). However, this waiver does not finance the room and board costs in dementia care residences.
On the other hand, Medicare doesn't cover the price of aid for residents of memory care communities. Still, retirees can utilize Medicare benefits to finance approved healthcare requirements in memory care residences in Lake Wales.
Here you can read a bit more about Medicare benefits for seniors
Veteran benefits (A&A)
The U.S. Department of Veterans Affairs offers veterans VA Aid & Attendance benefits. Verify if you are qualified for them. This pension scheme can back a segment of your memory care payments. Visit the U.S. Department of Veterans Affairs website to obtain detailed guidance.
Read more about: A&A Veteran Benefits
Retirement savings
Retirement funds are benefits that senior citizens can obtain after they retire from job. This pension is a investment account where a designated amount of money is placed throughout the individual's employment. The pensioner can withdraw money periodically (monthly or yearly) to finance senior care amenities.
Reverse mortgage
A reverse mortgage is a financial arrangement. An senior real estate owner with significant home equity can withdraw the worth of the property and receive funds. The cash can come in the form of a steady stream of income, a bulk amount, or a credit line.
Bridge loans
You don't always have sufficient time to get prepared for memory care; there might be a medical urgency, and you have to relocate a dementia patient to the senior care community. That is when you can consider a non-affiliated bridge loan. Bridge loans support in paying for your costs during the unexpected shift period. Many senior financial institutions offer bridge loans. You can clear the loan when you've got the cash available; e.g., you may sell a land after an emergency. However, a bridge loan is a risky alternative. It would be preferable if you handled it with care.
Read also: Bridge loans in senior care
Long Term Care Insurance (LTCI)
Long-term care insurance (LTCI) commonly is a phenomenal choice for covering senior living care. However, be careful that not all LTCI plans are identical. And LTCI will not pay for all your expenses. So, talk to your insurance company and get details in advance.
Visit our Memory Care Florida page to find more information.
Would you like to have broader knowledge about memory care financial assistance? Please read this article – How to pay for memory care?
Rules and Regulations for Memory Care in Lake Wales
Lake Wales memory care communities are required to follow a comprehensive set of rules and regulations imposed by Florida. These regulations are to guarantee that the facilities highest level of care services for seniors. For instance, the memory care facilities in Lake Wales go through highest level of training and education for the caregivers. This allows caregivers to be competent and professional while efficiently helping seniors with their daily needs. Visit our Florida memory care page to find more information on the state-specific rules and regulations.
Additional Memory Care Resources for Seniors in Lake Wales
Various government and non-profit agencies work together in Lake Wales to provide residents with more services. These services help seniors can lead an enhanced life in Lake Wales. Concerning the Lake Wales resources, they can include free meal delivery services, utility billing programs, medical programs, and others. Find out the available free resources for retired individuals from the memory care Florida page.
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