Oasis Senior Advisors
Financing Senior Care
As seniors age and need more help with personal care or household tasks, home care providers and senior living communities become attractive solutions. However, these helpful services come at a cost, and typical health insurance doesn’t cover them.
When it comes to paying for long-term care, whether the services are provided in a residential facility or the home, older adults have an array of options. Various strategies, from private-pay options to insurance, financial products, and veterans benefits, can help seniors fund the services they need to live safely and comfortably. Find information about how to pay for senior care so you can get the care you or your loved one needs.
Paying for Senior Care When One Spouse Moves
Few transitions in life feel as difficult as the moment when one spouse needs to move to a care community while the other remains at home. Perhaps one partner is living with advanced dementia and needs the security of memory care, while the other is still active and independent. Or maybe a stroke or chronic […]
Will Medicaid Pay for Memory Care?
When a loved one begins showing signs of Alzheimer’s disease or another form of dementia, families face not only the emotional weight of this diagnosis but also pressing practical questions about how to provide appropriate care. Memory care, specialized support designed for individuals with cognitive impairment, can be essential for safety and quality of life, […]
Will Medicaid Pay for Assisted Living?
When families begin exploring assisted living options, one of the first questions that surfaces is how to pay for it. With median costs for assisted living hovering around $6,000 per month nationally, many families wonder whether Medicaid, a program that helps millions of Americans cover health care costs, might help with the expense. The short […]
Medicare Coverage of Senior Care
When families begin exploring senior care options, a common assumption is that Medicare will help cover the costs. After all, Medicare is the health insurance program most Americans 65 and older rely on for medical expenses. This assumption is so widespread that it often comes as a difficult surprise when families discover Medicare provides little […]
Does Insurance Pay for Senior Care?
When families begin exploring senior care options, one of the first questions that arises is whether insurance will help pay for the costs. It’s a reasonable assumption: We’re accustomed to health insurance covering doctor visits, hospital stays, and medical treatments, so shouldn’t it also cover the care someone needs as they age? Unfortunately, the answer […]
7 Ways To Pay for Senior Care
[Last updated May 12, 2025] Finding the right senior care community is a big decision — and so is figuring out how to pay for it. Many families are surprised to learn just how expensive senior living can be and that Medicare typically does not cover it on a long-term basis. The good news is […]
Help Your Senior Clients Save Money on Costs and Care
Many older adults in the United States live on a fixed budget and need to save money to afford life expenses. With the costs of care and living continuing to rise, they often ask trusted financial experts how to make ends meet. Careful budgeting may be the answer, but clipping coupons may not be enough. […]
Navigating a Safe Discharge: A Guide for Medicare Beneficiaries
Transitioning from a hospital or skilled nursing facility (SNF) back home can be an overwhelming process. To do so under the restrictions and limitations of Medicare coverage can be even more difficult to Here are some considerations for achieving a safe discharge under Medicare coverage that will ensure optimal recovery and minimize the risk of […]
The Importance of Estimating Long-Term Care Costs and How to Do It
Planning for the future is a crucial aspect of ensuring the well-being of seniors and their caregivers, especially considering the increasing costs associated with long-term care. As the need for assistance grows, whether it’s in the form of in-home care, home health aides, or moving to assisted living facilities or nursing homes, understanding the financial […]
Building Trust and Open Communication: Tips for Approaching Financial Conversations with Seniors
Having open and honest conversations about finances can be challenging, especially for seniors and their loved ones. Seniors with mental or physical impairments might struggle to sign checks, keep up with bills, or calculate a budget. Maybe they’ve recently lost a spouse who handled their finances. Maybe English isn’t their first language. Fear, embarrassment, and […]