All across the world, lifespans are getting longer, and it’s no different in America. With an increasing number of years to add to your retirement plans, you may be wondering how you can fund a lifestyle that will meet all your needs. Medicaid waiver programs in Texas are in place to help older adults bear the costs of assisted living in a retirement community, aging in place, and more.
What are Medicaid Waiver Programs?
Medicaid waivers provide health and medical services to individuals who would otherwise not be able to afford them, even with the aid provided. Under a waiver program, the federal government can waive rules that usually apply to programs covered by Medicaid. Each state can determine the goals they wish to accomplish, and this can cover healthcare to a specific group such as children, elderly people or pregnant women.
Finally, it’s important to note that Medicaid is separate from any Medicare benefits you may have. While Medicare help is provided for individuals with disabilities and older adults, Medicaid focuses on those who have limited financial resources.
How do Medicaid Waivers help Seniors Live in Retirement Communities?
When you require long-term care, one factor that comes into the picture is cost. Whether you prefer to age in place or make the move to a retirement community, you will need to account for the number of years you are paying those fees. Medicaid waivers are in place to help older adults with low incomes offset the cost of living in retirement communities, where they can receive the care and attention they need to thrive.
Types of Medicaid Waivers available near Morada Burleson
Below are some types of Medicaid waivers available in Texas, and that you may be eligible for when applying to be a resident of Morada Burleson:
- Texas Medicaid Star+ Waiver: Older adults about the age of 65 who require a level of care can qualify for financial assistance towards paying for it. This includes receiving care at home or making the move to a Medicaid approved assisted living community. Both medical care and non-medical services (such as personal care and continence management) are covered. You will be able to choose from a list of providers who offer the services you require.
- Home and Community Based Services (HCBS): This waiver applies to eligible individuals who would prefer to receive care in their own place of residence or community (a family member’s or friend’s home) instead of in a Medicaid assisted living facility.
Contact Morada Burleson’s Senior Living Professionals for more Medicaid Waiver Information
If you are looking to transition to assisted living that accepts Medicaid in Texas, consider our retirement community in Morada Burleson. Our all-inclusive monthly rent includes access to a wide range of amenities, participation in fun daily activities, as well as a full range of services. This covers personal care assistance, ambulatory transfers, medication management, glucose monitoring and insulin management, and so much more!
To find out more about Medicaid assisted living near you, please feel free to contact our knowledgeable team at Morada Burleson today!