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Cost of Assisted Living in Olive Branch, MS
It’s critical to have an idea what determines the cost of care in an Olive Branch, MS assisted living community. The largest charge is the room. Is it a private one-bedroom with a bathroom and kitchen, or is it a shared residence? What extent of aid will the resident require? Will this level of care be enough for the near future, or will additional care be expected?
- Assisted Living Olive Branch Low: $1,540.00
- Assisted Living Olive Branch Average: $3,375.00
- Assisted Living Olive Branch High: $5,640.00
- Mississippi Average: $3,492.00
- National Average: $4,000.00
Many assisted living communities in Olive Branch will bill future residents a reservation deposit. The deposit can be a few thousand dollars and it reserves the accomodations of your choice for a while, typically a few months. Many locations call it a "community fee". Typically, this deposit is not applicable to any other charges and is sometimes refundable only if the future occupant is unable to move into the facility for health reasons.
The cost of rent for the assisted living residence is covered by the base fee. In Olive Branch the fee differs depending upon the size of the residential unit and whether you live alone or have a companion. Utilities, maintenance, some meals and basic housekeeping are included in base fees. The base rate also depends on the level of care needed, such as independent living, assisted living, or memory care.
Care Services Fee:
The cost typically uses a multi-level approach determined by the amount of care you need and it gets added to the monthly base fee. The scope of aid is typically based on the number of ADL's for which a occupant requires regular assistance. Activities of Daily Living include toileting, dining, dressing, grooming, and more. The scheduled fee of care services in Olive Branch, MS ranges from $150 or so for tier one and could go up to a few thousand dollars per month for tier five assisted living care. Precisely estimating the extent of care needed is one of the most important aspects when deciding, and also one of the more difficult to understand. The more detailed, medical and thorough the assessment, the better the plan of assistance and grasping of the rates.
Many assisted living residents need to be reminded to take medicines at the correct time and in the right amount. The majority of assisted living facilities administer medication management services for an additional charge. It's generally several hundred dollars per month, based on how complex the medicine management is. If it's required, further ancillary services like physical or occupational therapy can also be billed on a monthly basis. Non-care related duties, possibly including parking, additional meals, and some activities as well.
Olive Branch, MS Assisted Living Amenities
A resident's quality of life is directly affected by what kind of amenities are supplied. Every facility provides some degree, making certain seniors are cozy and happy. Basic amenities offered include Computer/Internet, Restaurant/Bistro, and Chef. Bigger communities in Olive Branch have more luxurious amenities, so residents feel like they’re living at a resort.
Olive Branch, MS Assisted Living Services
While you're searching, you will determine that communities in Olive Branch provide a wide variety of assisted living services. Assisted living communities routinely offer services like Wellness Program, Assistance with Restroom, Medication Management, and Concierge Service. It is key to figure out what services are covered and ones that incur extra charges. You don’t want any surprises in your first invoice.
Olive Branch, MS Assisted Living Activities
Residents need regular activities to stay healthy and energetic. A facility should have a complete calendar of events in the facility as well as visits to local attractions. Bridge, Sporting Events, and Live Entertainment are popular activities residents participate in. Seniors in Olive Branch can visit local restaurants, parks, shopping, and other attractions.
At some point in their lives, as many as 70% of people will need senior care after 64 according to Genworth Financial.*
*Financial information and statistics based on Genworth Financial and Senior Advice.