Does Medicare or Medicaid cover one’s assisted living expenses?
No. Assisted living is private pay only. While in an assisted living community, Medicare will cover Part B rehabilitation and/or therapy costs. There is an annual limit. Once this is reached, all rehabilitation and therapy would be private pay. back to top Do Long Term Care insurance policies cover assisted living expenses? Some will. You should check with your agent or company regarding your individual policy. Many of the earlier policies covered only home health and skilled nursing expenses. However, some of these companies offered the addition of assisted living coverage as it came about. So it might have been added to these policies. The majority of companies now offer assisted living coverage as an option. Long Term Care payments are made directly to the owner and not the facility. Monthly invoices are sent to the resident or financially responsible person for the monthly fees. Payment is made directly to the Veranda. Your invoice can then be copied and mailed/faxed to the LTC ins
