We understand that Alberta care homes gauge their monthly charges as per your annual income. How does the value of your asset portfolio factor into this? Thank you.

The cost of living in a long term care home in Alberta is based solely on income, not on the value of assets. Nursing homes or supportive living accomodations  have a  set cost.  Through the Alberta Seniors Benefit  programme the government provides a subsidy to  people based on their income up to a certain amount to help lower income Albertans afford the cost.  To find out more about subsidies, go to http://www.seniors.alberta.ca/seniors/seniors-benefit-program.html ...
 

Peter S. Silin, MSW, RSW, CCC

Diamond Geriatrics
Counsellor-Coach
Elderpost.com
288 West 8th Ave
Vancouver, BC V5Y 1S6
604-874-7764
778-885-5695 Cell
www.DiamondGeriatrics.com
www.counsellor-coach.ca
www.elderpost.com