Costs: Assisted living is usually less expensive than aging at home or in-home care, but how much does assisted living cost? According to Genworth’s 2020 Median Cost Data Table, assisted living Toronto costs for a private, single-bedroom apartment average $4300 per month. However, costs vary significantly based on apartment size, state of residence, and level of care.
Assisted Living Is A Rental Model
The rental model is becoming a popular choice for elderly people, with benefits ranging from flexibility to cost savings. Seniors can move out of an assisted living facility in as little as 30 days if medical circumstances warrant. Assisted living communities provide assistance with ADLs such as bathing, dressing, and toileting. Monthly rent typically covers maintenance, housekeeping, and security. One to two hours of personal care per day is included. The monthly fee may be covered by Long Term Care Insurance. Likewise, some communities have subsidies for residents.
It Is Cheaper
While Assisted Living for elderly can be cheaper than living at home, it is important to remember that the cost of services varies from state to state. Although the national averages are useful, you should consider the state-specific costs when comparing prices between the two options. For example, a single room in a nursing home can cost $9,034 per month, while a one-bedroom apartment in Assisted Living will cost $297 a day. On average, you’ll spend $154 per day or $56,160 annually on home health aide services.
It Is Safer
Seniors who live alone are at a higher risk of social isolation, loneliness, and depression. Assisted Living communities create an environment where seniors can socialize, engage in new hobbies, and enjoy stimulating activities. Residents can also join fitness classes and travel the world. A recent study found that a community of seniors with similar medical conditions was less likely to suffer from chronic health problems. This fact is important to consider when evaluating care options for your loved one.
It Offers Specialized Diets
Assisted living for the elderly offers a number of advantages over independent living. For example, residents can enjoy meals prepared by a skilled chef, and many are available to accommodate dietary restrictions. Many also offer plant-based meals and snacks. The chef at an assisted living community can accommodate a resident’s dietary restrictions and ensure he or she receives nutritious meals.
It Is A Home-Like Environment
Many benefits of assisted living are shared by all residents. These facilities typically offer amenities like dining halls, social engagement areas, and spiritual activities. Additionally, many of these communities offer on-site beauty salons and televisions for residents’ enjoyment. Safety is a top priority in an assisted living environment, so look for features like grab bars and anti-slip floors. You can also expect an elevator or stairs for your loved one’s convenience.
It Provides Help With Daily Care But Not As Much As A Nursing Home
Assisted Living for Elderly facilities provide assistance with activities and daily tasks, and some have a common area where residents can gather for meals and other social events. Residents of nursing homes typically need round-the-clock care. A licensed nurse oversees their care, and there are also physical and speech therapists on the premises. These facilities often have hospital-grade equipment and short-term rehabilitation services.