Untitled Document
It is very important for each applicant to understand,
before admission, the financial obligations due the Veterans Home. Each
resident is assessed a maintenance charge based upon ability to pay. The
individual assessments, set by the Board of Managers, range from no charge
to the full cost of care. Considered in the assessment amount is marital
status, number of dependents, assets, income and expenses.
The Grand Rapids Home for Veterans is a State of Michigan
facility operated by the Michigan Department of Military and Veterans
Affairs. The cost of care is established annually (October 1st) by the Board
of Managers of the Michigan Veterans Homes based upon operational costs.
Residents having the ability to pay the full cost of care must do so. Our
current full cost of care rates are listed below:
Veterans |
Member
Charge Per Month |
Nursing Care |
$3,950 |
Domiciliary Care
|
$2,150 |
Non-Veterans
|
|
Nursing Care |
$6,400 |
Domiciliary Care
|
$3,220 |
Those residents determined unable to pay the maximum
amounts will be assessed according to their monthly income.
Overview:
A resident without dependents (single/widowed) is
assessed all income over $100. The member is allowed the first $100 per
month of his/her income. The remainder of the member's income must be
applied toward the cost of care each month. At admission $2,000 in assets is
exempted.
A resident with a spouse, and/or
dependents, is allowed living expenses to maintain the family homestead such
as utilities, medical expenses, court ordered expenses, etc. For married
members assets up to $25,000 are exempted in addition to the homestead. If
the married member's assets (excluding the Homestead) are greater than
$25,000, the member will be assessed the full cost of care. If a married
member's assets are $25,000 or below, the family's total income is
considered in the evaluation of assessment for care. The dependent's living
costs (following a set of pre-established guidelines) are subtracted from
the total income, and the remaining balance is charged for the member's
care. The spouse is responsible for providing a spending allowance for the
member.
The most important aspect relating to the
assessment for care is the concept of "Ability to
Pay". The Home considers assessments on an individual basis.
Care at the Home is not paid for by Medicare/Medicaid or other health
insurances. Long-term care insurances may reimburse the resident for costs,
however, applicants should inquire with their insurance company prior to
admission.
For
additional information or concerns/questions regarding the assessment for
cost of care, please contact the Benefits Coordinator, John Luckett, at
(616) 364-5382.
Printable Format: Computation of Fees in PDF 