4 Assisted Living Communities in Englewood, Florida

The average cost of assisted living in the city is $3,874 a month. This guide is a starting point covering the cost of assisted living care in the city, as well as financing options to pay for it. You’ll find in-depth information on 4 Assisted Living Communities in Englewood and several in surrounding areas.

• Assisted living: $3,874
• Nursing home semiprivate room: $8,669
• In-home care: $3,813
• Adult day health services: $1,907

According to the Genworth 2018 Cost of Care study, the average monthly cost of assisted living in Englewood sits right between the national average, which is $4,000, and the state average, which is $3,500. When compared with some cities in Florida such as Jacksonville ($4,425) and Panama ($4,200), Englewood’s assisted living costs are less expensive. Although the monthly cost of assisted living in Englewood is among the lowest in the state, less expensive care can be found in Sebring, where the average price is only $3,038 and in larger cities such as Orlando ($3,275) and Miami ($3,350). 

The type of senior care is one of the biggest factors influencing the cost, and in Englewood, this is particularly evident. The average monthly cost of nursing home care in the city is nearly $5,000 higher than the cost of assisted living. Home health services in Englewood are more expensive than assisted living and homemaker services cost only slightly less. However, the cost of continuing to live at home is substantially higher than that of assisted living, especially when factoring in additional costs such as rent or mortgage payments, utility bills and groceries, all of which are typically included in the cost of assisted living.  Cost of Homemaker/Home Health Aide Comparison Chart

• Assisted living: $3,874

• Homemaker services: $3,813

• Home health aide: $4,385

• Adult day health: $1,907

• Nursing home care (semiprivate room): $8,669

 

Medicaid programs help low-income individuals and families access healthcare services, medical equipment and prescription medications that they may be unable to afford without assistance. In Florida, the Florida Department of Children and Families with support from the Social Security Administration administers Medicaid. Each agency is responsible for determining eligibility for certain individuals: the Department of Children and Families qualifies children, disabled individuals, pregnant women and seniors, while the Social Security Administration works exclusively with Supplemental Security Income recipients. 

Seniors who require financial assistance with the cost of assisted living may be able to receive aid from Florida’s Medicaid Managed Care Long-Term Care Program, which covers the cost of services provided in assisted living facilities. It also allows low-income seniors to access health care services including doctor visits, dental care, hospital services, physical therapy, occupational therapy and nonemergency transportation. This program has an enrollment cap, so there is typically a long wait for those wanting to participate. 

To qualify for Medicaid programs in Florida, individual applicants must have an income that doesn’t exceed $16,040 annually, and couples may not earn more than $21,599 per year. Assets may not be valued higher than $2,000 for individuals or $3,000 for couples. Exempt assets include the applicant’s home and household furnishings and a single vehicle. 

Seniors can learn more about the application process and waiting times by contacting the Florida Department of Elder Affairs at (800) 963-5337.

Optional State Supplementation

Some low-income seniors in Englewood and throughout Florida may be eligible to receive cash benefits from the state’s Optional State Supplementation program. The OSS is for seniors who receive Supplemental Security Income, and it offers additional financial aid to those who may be unable to afford the cost of room and board in long-term care facilities. OSS benefits are only available to individuals who are legally disabled or aged 65 or older and receiving long-term care. The benefit amount is calculated based on the applicant’s income and living situation. The maximum payout is $78.40 per month.

To be eligible for OSS, seniors must be recipients of the federal Supplemental Security Income benefit, and their income may not exceed $849.40 per month. They also may not own assets valued at more than $2,000 in total. 

Seniors who wish to apply for this benefit can contact ACCESS Florida at (866) 762-2237.

Elderlife Bridge Loan

Elderlife Financial Services provides seniors with bridge loans to assist them in paying for long-term care in assisted living and nursing care facilities while they await permanent funding. Funds are paid directly to the senior’s place of residence, and the senior, along with their cosigners, can repay the loan in monthly installments. Elderlife bridge loans are available at low interest rates and flexible terms. 

To qualify for an Elderlife loan, seniors should have a good credit history and enough income to make monthly payments on their loan. Those who can’t obtain approval on their own may apply with up to six cosigners, which, in most cases, can increase the likelihood of approval. Seniors can learn more about Elderlife Financial Services or open an application by calling (888) 228-4500.

Long-Term Care Insurance

Some seniors may have a long-term care insurance policy, and those who do can have most of the cost of assisted living covered by their insurance provider. Depending on the policy and provider, there may be a copay or a deductible that the senior must pay out of pocket before their provider reimburses their costs. Eligibility, deductibles, copay amounts and premiums vary depending on the provider and the coverage purchased, but typically, long-term care insurance providers won’t sell policies to those in poor health or already residing in long-term care facilities. 

Some seniors may qualify for financial and health benefits from Veterans Affairs. To learn about available programs, seniors can contact their nearest Veterans Services office. 

Charlotte County Veterans Services
1050 Loveland Boulevard, Port Charlotte, FL 33980
(941) 764-5579

Sarasota County Veterans Services
4000 South Tamiami Trail #139, Venice, FL 34293
(941) 861-3047

Senior Homes has an extensive directory of senior living options, with care and living providers across the United States.