Making Your Finances Stretch: Connecticut’s Assisted Living Pilot Program

iStock_000007924623SmallYou did well financially, and when the time came to move to assisted living you never considered the possibility that you might run out of money.

But you didn’t expect to live this long! And now that you need more help, it’s even more expensive to live.

What do you do?

The State of Connecticut created the Private Assisted Living Pilot Program – available for up to 125 qualifying individuals in Connecticut who have spent down their assets as a result of living in private assisted living facilities.

The program does not cover basic room and board, but it does help with the extra services you may need and are paying for privately.

The Pilot Program is part of the Connecticut Home Care Program for Elders. To be eligible, you must:

  • Be 65 years of age or older
  • Be a Connecticut resident (no minimum time requirement)
  • Meet the program’s functional criteria and/or be at risk of nursing home placement
  • Meet the program’s income and asset criteria

Functional Criteria

To meet the functional criteria, you must need help with one or more activities of daily living such as bathing, dressing, toileting, transferring, eating/feeding, medication management.

Financial Criteria

There are two levels of the program depending on an individual’s or a couple’s financial situation. One program is funded by the state, and the other is paid for through Medicaid.

The eligibility criteria for the state-funded program are as follows:

For a single person, the asset limit in 2015 is $35,366, and for a couple, $47,688. There is no limit on income, but you may have to contribute more toward the cost of your care depending on your income level.

To be eligible for Medicaid to pay for our assisted living services, your income must be $2,199 per month or less. The asset limit for individuals is $1,600, and $3,200 for couples if both are on the program. If only one spouse is on the program, the asset limit is $25,444 (a higher amount may be allowed based on a spousal assessment).

Many assisted living facilities throughout the state participate in the private Assisted Living Pilot Program. For a list of participating facilities, click here: http://www.ct.gov/dss/lib/dss/Alsamrc.doc.

The goal of this program is to give eligible Connecticut residents the support they need to remain in the community for as long as possible. Getting assistance paying for the extra care you need will help your finances stretch and keep you out of a nursing home – a win-win for everyone involved.

For information about the Private Assisted Living Pilot Program, call 860-424-5814.

Related Posts:

Affordable Assisted Living in Connecticut? An Option You Should Know About

How to Stay Out of the Nursing Home (and Get All the Care You Need in Your Own Home)

 

 

 

 

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