It is very important for each applicant to understand the financial
obligations towards the Veterans Home before admission. Each resident is
individually assessed a maintenance charge which is based upon ability to
pay. The amount of individual assessments for care range from zero to the
full cost. Considered in the assessment of care are marital status, number
of dependents, assets, income, and expenses.
The Jacobetti Home for Veterans is a State of Michigan facility operated by the Michigan Department of Military and Veterans Affairs. The cost of care is determined annually (October 1) by the Board of Managers of the Michigan Veterans Homes based upon operational costs. All 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 |
|
Domiciliary Care |
$2,300 |
|
Nursing Care |
$3,900 |
| |
|
|
Non-Veterans |
|
|
Domiciliary Care |
$3,390 |
|
Nursing Care |
$6,260 |
Those residents unable to pay the maximum amounts will be assessed
according to their monthly income.
Very Briefly:
A resident without dependents (single/widowed) is allowed the first $100 per month of his/her income. The remainder of his/her income must be applied toward the cost of care monthly. Normally, assets of up to $2,000 are exempted from being applied toward the cost of care.
A resident with dependents (spouse/children) is allowed living expenses to maintain the family homestead, etc. Assets up to $25,000 are exempted in addition to the homestead. Total family income and assets are considered in the evaluation of assessment for care, with the dependent's living costs (following a set of pre-established guidelines) subtracted. The remaining balance is charged to the veteran for his care, with the spouse providing a spending allowance to the resident.
The most important aspect relating to the assessment for care remains the concept of "Ability to Pay". The Home considers assessments on an individual basis. Care at the Home is not paid for by Medicare or other health insurances. Long-term care insurances may reimburse the resident for the cost of assessment, however, applicants should inquire with their insurance agent prior to admission.
Upon arrival at the Home, the applicant should be prepared to pay the first month's fee. If arrival is after the first day of the month, the monthly fee will be pro-rated for the rest of the month. For additional information or concerns/questions regarding the assessment for cost of care, please contact the Benefits Coordinator, Ron Strong, at 1-800-433-6760 or (906)226-3576, extension 350.