3 Ways To Get Discounts On Assisted Living Expenses

June 8th, 2020

It’s no secret that our needs change as we get older. While age affects every single aspect of our lives, one of the biggest considerations most of us will have to make is for our living situation. Assisted living is a popular option for older adults because it affords independence but offers help with daily needs. Though it isn’t covered by Medicare, there are still some strategies you can use to save money on assisted living costs.

Whether you’re interested in moving to assisted living as soon as possible or simply want to keep it in mind for the future, your first step should always be to do your research. Moving multiple times is stressful and frustrating, so plan ahead. Visit different residences and talk to staff and residents. Think about which amenities, services, and safety measures you’ll want or need to have. Once you have an idea of where you’d like to be, then you can work on getting the best possible price. Here are the strategies you can use to cut assisted living costs.


It may surprise you to know that you can, in fact, negotiate with assisted living facilities. The cost isn’t always definite or final, so there’s a chance you can get a discount simply by asking the right questions. For example, ask about move-in incentives or any specials the facility might offer. You can also ask whether they are able to waive move-in/entrance fees. Lastly, make sure you ask whether they’re willing to negotiate the monthly price. You may or may not actually get a discount, but you never know until you ask. 

Get help with finances.

Unfortunately, Medicare doesn’t cover assisted living expenses. However, there are still other options. Wartime veterans or their spouse may qualify for benefits through the Department of Veterans Affairs (VA). You do have to apply for these benefits, but they can help offset the cost of care. If you own the home you live in, you may also be able to refinance and get a reverse mortgage. This gives you (or your spouse or children) the ability to remain in your home while also providing the necessary funds for assisted living expenses.

Compare pricing. 

When you enter an assisted living facility, you may not need every service they offer. When you start looking at pricing, you may see a few different models that accommodate residents’ varying needs. “All-inclusive” packages usually cover a range of services that likely vary by location. With all-inclusive pricing you’re less likely to receive surprise charges. Another option is a la carte pricing—you’ll pay for services individually. (Think things like laundry or housekeeping.) Just be sure to ask what is included with each so you can budget efficiently.

Bonus tip: Get other discounts.

At Senior Savings, we have tons of easy ways for you to save, including shopping guides and where to get the best senior discounts. You should also check out our Special Discounts for the best discounts available this week!

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