Is assisted living covered by Medicare or private insurance?
Medicare, the federal health insurance program for older individuals, does not cover assisted living. Forty-one states currently use Medicaid waiver monies for some low-income individuals to support assisted living expenses; but the majority of assisted living is private pay. Increasingly, long term care insurance policies include coverage for assisted living. There have been some payment issues from insurance companies for residents in states that do not have an appropriate assisted living licensing process. Be sure to check the status of your state.
