UPDATED: April 24, 2018 – Brookdale Senior Living is the largest provider of senior housing and care in the industry with more than 645 assisted living and retirement communities in 35 states across the nation. Each day, about 46,000 associates serve nearly 60,000 residents in a variety of settings. The company’s services include assisted living, memory care, skilled nursing, independent living and therapy services.
The living and care provider is always looking to state-of-the-art technology to increase the productivity of its staff, continually improve the quality of patient care, and provide wireless access to its clients and their families.
But like many similar living organizations, this company has a limited engineering team. These constraints are challenging, but Brookdale nevertheless recognized that it needed a next-generation wireless LAN to reach its far-flung facilities, to provide wireless access within those facilities, and to help the company realize the value of its other technology initiatives.
Overview of Living Costs
The cost of assisted living varies significantly between Brookdale assisted living facilities across the nation and even within the same city. We have compiled estimated costs of assisted living facilities in the United States from many industry surveys.
The costs of assisted living care depend on the level of service a resident requires. The 2010 CDC National Survey of Residential Care Facilities provides some treasured insights into the costs of assisted living, but also how facilities charge residents.
Genworth Financial notes that the costs of assisted living has gone up more than nursing homes, adult day care and home care. Many times, residents that would go into a nursing home can use an assisted living facility instead. They argue that the rise in cost is just a bit more than average inflation.
Size of Accommodations Selected
When joining this community, new residents can typically choose from several apartment types and sizes including studio, studio alcove, one- and two-bedroom apartments. The size of an apartment and apartment features, such as a kitchen or private patio or balcony, determines its monthly rate, as does the location of the apartment with regard to views and proximity to elevators and public areas.
While it’s common for families or seniors to prefer larger apartments, it’s important to remember that the entire community becomes a resident’s home. In addition, if your parents have mobility issues, which could contribute to a higher risk of falling, you should minimize the amount of walking between rooms that is required.
Typically these nursing homes offer either a month-to-month leases or one-year leases that may be renewed.
In the News:
Brookdale nursing home and Life Care Funding Group announced today the introduction of the Life Care Assurance Benefit Plan to their communities across the United States. The program converts a life insurance policy into a benefit that will pay for the costs of living or long term care.
One of the biggest challenges families face when moving into a senior living community is the monthly expenses. For millions of seniors with a life insurance policy, they now have an option available to convert a portion of the death benefit into a benefit that can cover these costs. “Brookdale is committed to providing the best possible living environment in our communities, and one way we can do that is by reducing the stress of finances for families as much as possible,” said Ron Aylor, Senior Vice President of Sales. “The Life Care Assurance Benefit is another financial solution we can provide to families.”
Not to be confused with long term care insurance, the Assurance Benefit is unique because there are no wait periods to qualify, no limitations, no costs to apply, and no premium payments. Policy owners use their legal right to convert an in-force life insurance policy to enroll in the benefit plan and are able to immediately direct payments to cover their housing or long term care costs. Applying for the Assurance Benefit Plan is a simple process to complete with the first benefit payments being issued in less than thirty days.
Benefits of the program for consumers include;
- Simple application and review process
- No age or policy size minimum
- No premium payments
- All types of in-force life insurance qualify
- Payments made directly to care provider/community
- Preserves partial death benefit
- Skilled Nursing, Assisted Living, Home Health and Hospice all qualify
Note: We are not affiliated with this company and you should NOT contact us with any sensitive information that is of a personal nature. We are merely a resource that provides information.