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How do families pay for memory care and dementia care?

Answer:

Families often rely on:

  • Personal savings
  • Medicaid (after qualifying financially)
  • Unpaid family caregiving
  • Long-Term Care Insurance
  • Retirement income and investments

Long-Term Care Insurance policies may help cover in-home care, assisted living, memory care, and nursing home services depending on the policy.

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Use our Cost of Care Calculator to compare current and future costs of long term care services with estimates tailored to your selected location.

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