Do seniors need to sell their homes, stocks, and other finiancial assets in order to be given a price for an Alberta Health assisted living placement?

i)Qualifying by health need, not income

An applicant for long-term care in Alberta contact their local community care access centre to arrange for an assessment visit. At that visit the home care nurses will assess the applicant’s health status and care needs. Admission to long-term care is based on health care status and needs only, NOT by income or assets. A person may be wealthy but have health and care needs that require the care levels provided by long-term care.

ii)Long-term care costs

Alberta Health sets the maximum accommodation charge in designated supportive living and long-term care.

In designated supportive living and long-term care, accommodation charges may be fully or partly covered for residents who are eligible for the Alberta Seniors Benefit or clients of the Assured Income for the Severely Handicapped program.

Maximum accommodation charges for long-term care and designated supportive living are:

Effective July 1, 2016 (based on 3% increase from previous year)

Room Type

Daily

Adjustment

Avg. Monthly

Adjustment

Private room

$64.10

$1.85/day

$1,950

$57/month

Semi-private

$55.45

$1.60/day

$1,687

$49/month

Standard

$52.65

$1.55/day

$1,601

$47/month

iii)Financing long-term care costs

How an applicant chooses to pay for the accommodation costs is entirely up to them. Looking at the costs in the table above, most seniors would be able to finance these costs from their government or company pensions. Whether or not long-term care residents sell their homes and assets to finance these costs depends on their financial situation. As mentioned above, subsidies are available if applicants qualify for Alberta Seniors Benefit or are in the Severely Handicapped program.

For further information, contact Alberta Health Services Community Care Access at 780-496-1300.

This information is correct as at the time of writing, August 2016.

Pat M. Irwin, BA, AICB, CPCA 

President, ElderCareCanada 
Professor, Distance Learning, Centennial College 
[email protected] 
www.eldercarecanada.ca 
416 487-6248