Atlanta, Georgia, is a great place to retire. Beyond its unique culture and history, it has some of the best resources for retired people. While Atlanta might be a nice place for retirement, some people may worry about the costs of assisted living. This post will cover financial aid for assisted living in Atlanta.
Options for Financial Aid for Assisted Living in Atlanta
It is important to note that the state of Georgia does not offer direct financial assistance for assisted living. However, some programs can help reduce some costs associated with assisted living. Read on to learn about two programs that may help.
The Elderly and Disabled Waiver Program
The Elderly and Disabled Program (EDWP) allows older people to access a range of services. This program aims to help older people stay in their homes or communities longer. While it is primarily for seniors living at home, it can help with some assisted living costs. Available services include assistance with ADLs, prepared meals, and various forms of care.
While the EDWP can help with some assisted living costs, the eligibility requirements are strict. First, applicants must be eligible for Medicaid. They must also be over 65 or meet the disability requirements. Even if they are over 65, they must have physical limitations. Applicants will also need documents to verify their income, assets, and citizenship status.
The SOURCE Waiver Program
SOURCE stands for Service Options Using Resources in a Community Environment. This program assists older people and disabled individuals needing a level of care provided in nursing homes. Instead of residing in a nursing facility, eligible participants can receive care in their homes. That can include their current assisted living home in some circumstances.
Much like EDWP, applicants must be eligible for Medicaid and be over 65 or have disabilities. With SOURCE, the individual must exhibit more than physical limitations. It is for people who require nursing home care. The applicant must also verify income, assets, and citizenship.
Programs like SOURCE and EDWP can help low-income seniors cover some costs associated with senior care. However, these programs will only cover some things. That’s why retirement planning is so important. Having sufficient retirement savings or long-term care insurance can go a long way toward covering assisted living costs.
Convenient Senior Living Solutions Done Right!
Canopy Senior Living is Atlanta’s most trusted, experienced, innovative senior living management company! We dedicate ourselves to creating an excellent and caring environment for our residents and team members. If you’re interested in our services, message us by clicking here.
Thanks for visiting!