“How to Save Money on Assisted Living Costs,” by Heidi Godman, U.S. News & World Report
“Some people are able to knock down assisted living costs with contributions from Medicaid (if a facility accepts it), veterans benefits or long-term care insurance policies. And there other ways to save money on assisted living costs as well.”
Click through for ways to save money on assisted living. But the best way to save money remains to leverage against the risk and cost of LTC by means of private insurance. That’s the biggest bang for the buck if you end up needing care and an affordable pre-planned and absorbed cost if you don’t. Buy dollars with nickels while you still can.