Navigating the Path Together
We understand that planning for senior living often happens during a season of change.
It’s a significant step for any family, and you don’t have to navigate these choices alone. We’re here as a supporting resource and a helping hand.
Our financial planning guide makes the journey more approachable, showcasing clear options and creative solutions to help you focus on your loved one’s vibrant future.
Monthly Base Rates
Rates are factored by community location, available amenities and services, and suite selection. Needed care levels are the second factor that affects your cost.
Memory Care
Starting at $5,400
Respite Care
Starting at $300 per day
Financing Senior Care in Rathdrum
In-home care might look like the most affordable option at first.
That is until you take into account the average cost of memory care is typically all-inclusive—meaning, you can rest easy knowing that there will be no financial surprises such as a large home maintenance bill down the line.
There is important financial assistance available to you below. Use our budgeting tool to compare costs.
Budgeting Tool
"*" indicates required fields
Find clear, supportive solutions.
Financial Solutions
Discover the various financial solutions available to help your family manage the transition to a supported lifestyle. Whether your budget was prepared for this milestone or not, many resources exist to assist with the costs of assisted living or memory care.
Your individual questions, the application process, and any particular circumstances should be reviewed directly with the financial resource provider by contacting them at the phone number listed.
Medicaid is a state and federal program designed to assist with the coverage of health care costs for individuals who have both limited income and resources.
Medicaid benefits vary by state because the Medicaid program is partly funded by the federal government and partly by each state. Forty-four states and Washington D.C. currently provide some level of assistance for qualifying seniors residing in assisted living facilities. If you’re considering a move into assisted living, it’s important to learn about eligibility requirements specific to where you live.
You must be a resident of the state in which you are applying for Medicaid. Additionally, the assisted living facility must be licensed by the state to accept Medicaid.
Services, benefits, and eligibility requirements vary from state to state, but typically you must demonstrate both functional and financial need to be eligible for Medicaid-covered assisted living.
It’s also important to note that Medicaid and Medicare are different programs. Medicare is only accepted at skilled nursing facilities.
To Learn More:
Please contact your local Medicaid office at 1-888-228-4500 or visit their website at medicaid.gov: the official U.S. government site for Medicare.
Founded in 2000, Elderlife focuses exclusively on helping seniors afford the lifestyle, care, and services they deserve. They will walk you through options and programs to find the best solution for both the short and long-term. Elderlife can help you create an individualized financial road map, to help you or your loved-one pay for senior living. In one phone call, find peace of mind with a sound financial road map.
Solutions include: Real Estate Services: Elderlife Senior Real Estate Specialists (SRES) can provide a market analysis of your home, help with staging, junk removal, and estate sales, then complete the process by listing and selling your home.
VA Benefits Assistance:
Accredited agents will help determine your eligibility and aid in the application process.
Long-Term Care Insurance Claim Assistance:
Claim experts can evaluate your existing policy and help you get the most from it.
Elderlife Bridge Loan:
Elderlife’s bridge loan helps your loved one move in today while waiting for other funds to become available later. It is engineered to be fast and easy, with same-day approval and funding.
To Learn More:
Please contact Elderlife Financial Solutions at 1-888-228-4500 or visit their website at www.elderlifefinancial.com.
Life Care Funding helps you to use any type of existing life insurance policy to pay for long-term care or senior housing. Funds are deposited into a Long-Term Care Benefit Account that makes automatic monthly payments to the long-term care provider of your choice. The payment plan is flexible and can be adjusted as your needs change. There are no fees, and once enrolled you are no longer responsible for premium payments.
The process is quick with benefit payments starting in as little time as 30 days. A Long-Term Care Benefit Plan for senior living and assisted living costs can be tax-advantaged and is both a Medicaid qualified spend-down and a VA qualified spend-down.
To Learn More:
Please contact Life Care Funding (now LCX Life) at 1-888-388-0988 or visit their website at https://lcxlife.com/.
The U.S. Department of Veterans Affairs offers an Aid & Attendance benefit for qualified Veterans and surviving spouses to help with the cost of assisted living. This benefit can be used for care at any state licensed care setting.
Medical Eligibility:
The individual must need assistance with at least 2 Activities of Daily Living (ADLs) within VA guidelines. Details on these needs can be best explained by an expert at your local VA office or by contacting a Veterans Benefits Advisor.
To Learn More:
Please contact your local VA benefits office at 1-800-698-2411 or visit their website at https://www.va.gov.
Support for Your Family’s Next Steps
We understand this journey is complex, and our team is here to be a useful, empathetic resource for your family.
We’re ready to help you navigate the financial options to find the right solution for your loved one. Get in touch with us at Generations Memory Care today, and let’s explore how we can support you through this important transition.
Choose a Life You Love
Memory Care
A relationship-based approach to dementia care that focuses on connection and capability.
Purpose Built
Communities designed for safety and easy navigation.
Dementia Experts
Staff trained in specialized dementia care techniques.
Ability Focused
Engagement focused on remaining abilities, not losses.
Respite Care
Short-term stays that offer coverage for caregivers and a vacation-like experience for seniors.
Move-in Ready
Fully furnished and ready for arrival.
Full Access
Access to all dining and social programs.
Round-the-Clock
Professional care available 24/7.
Begin a New Story in Rathdrum
Experience specialized dementia care rooted in respect in the heart of Rathdrum
Our neighborhood is just a short drive from the scenic beauty of the Idaho Panhandle, offering a peaceful setting for a fresh start. Visit us to meet the team and navigate the options for your loved one. We’re ready to help you begin this journey with Generations Memory Care.
