Your Guide To Assisted Living In San Jose, CA In 2023
Monthly fees for assisted living apartments in San Jose vary from around $3,295 to over $10,000. According to the Genworth Cost of Care survey, the 2023 median monthly cost of assisted living in San Jose is $6,365, much higher than the nationwide median of $4,744.
Some (but not all) assisted living residences also require a one-time upfront fee that’s typically equivalent to the monthly fee. Some assisted living communities also charge extra fees for additional services, such as housekeeping, laundry and transportation.
Be sure to read the fine print regarding fees and fee structures regarding services (whether for personal care or otherwise) before committing to a community.
How to Pay For Assisted Living in San Jose, California
Assisted living costs vary significantly from one locale to another, but regardless of where you live, it’s best to plan ahead for the expense. Medicare only helps pay for the medical costs a person incurs while living in an assisted living community, which leaves room, board and personal care costs to the individual. Private health insurance providers often have similar limitations.
However, long-term care insurance can help cover the daunting costs associated with assisted living. Specific benefits vary depending on the policy and policyholder, so if you already have long-term care insurance, review your benefits carefully before attempting to apply them to assisted living costs. If you don’t already have a plan, compare how coverage differs from one provider to another as you shop around.
Veterans should connect with the U.S. Department of Veterans Affairs (VA) to see if they’re eligible for Aid & Attendance (A&A) benefits. This monthly stipend can be used toward the cost of a long-term care or assisted living facility.
For those who qualify, Medicaid can also help cover some costs associated with residing in an assisted living community.
California has a Medi-Cal Assisted Living Waiver program, which can help defray costs for older adults. Information about this program can be accessed through the California Department of Healthcare services website.
“It’s difficult to get into an assisted living community that participates in the Medi-Cal waiver program,” says Scoggin. “There are few good options for assisted living if you’re low-income in the Silicon Valley region. It’s often a major hardship for seniors in northern California, but Medi-Cal options happen to be more plentiful in southern California,” he says.
Qualifying veterans and their spouses may also be able to get financial help for assisted living through the Veterans Administration. These funds can be used to cover any type of assisted living expenses, as well as in-home caregivers, according to Scoggin.