Speak to a local memory care advisor 24/7:   (888) 595-9951

Alzheimers, Dementia and Memory Care
Facilities in LAKE PLACID, FL

Here are 10 memory care facilities in LAKE PLACID, Florida. These care homes for dementia and Alzheimer in LAKE PLACID may be part of assisted living facilities and communities, or are stand-alone memory care units. Costs for memory care facilities in LAKE PLACID, FL will vary between facilities.

Select your timeline and budget to compare options.

Who should we share the results with?

We value your privacy. This is a . By clicking Get My Results, you agree to AlzheimerSupport.com's Terms of Use and Privacy Policy. You also consent to receive texts and calls, which may be autodialed, from us and our partner providers; however, your consent is not a condition to using our service.

Memory Care Costs in Lake Placid, Florida

In Lake Placid, Florida, the average cost of memory care is around $4,500 to $5,500 per month. These rates can vary based on factors such as the level of care required, the specific facility, and the amenities provided. Memory care facilities in Lake Placid offer specialized services for individuals with Alzheimer's, dementia, and other cognitive conditions, which contribute to the higher costs compared to standard senior living options.

Costs in Florida

The average cost of memory care across the state of Florida tends to range from $4,000 to $6,500 per month, with some areas, especially those near larger cities like Miami or Tampa, having higher rates. Florida’s aging population, along with the demand for specialized dementia and Alzheimer’s care, contributes to these costs. While the state’s overall memory care costs are relatively consistent, certain regions may have slightly lower or higher rates depending on demand and facility quality.

Comparison to Nearby Cities

When compared to other nearby cities in Florida, Lake Placid’s memory care costs are generally on the more affordable side. For example, nearby cities like Sebring or Arcadia may have lower memory care costs, ranging from $3,800 to $4,500 per month, as these areas are more rural with a smaller demand for specialized care. However, cities like Sarasota or Fort Myers, being more urbanized, have higher average costs, typically starting at $5,000 and reaching $7,000 or more per month.

Comparison to Other Types of Senior Living

In Lake Placid, Florida, the cost of memory care is typically higher than other types of senior living options. Independent living communities in the area cost, on average, between $2,500 to $3,500 per month. Assisted living, which offers some level of assistance with daily activities but does not specialize in memory care, typically falls in the range of $3,500 to $4,500 per month. Memory care facilities, due to their specialized nature and higher staffing requirements, reflect a significant price difference compared to these other types of senior housing.

While memory care in Lake Placid is slightly more affordable than in some of Florida’s larger cities, it remains a more expensive option compared to standard independent and assisted living communities. This is reflective of the specialized care and additional resources that memory care facilities provide for individuals with cognitive impairments.

Southern Lifestyle Senior Living Center

Southern Lifestyle Senior Living Center specializes in providing memory care in Highlands county, Florida. It can accommodate a maximum of 97 older adults. Southern Lifestyle Senior Living Center provides upscale amenities that include transportation services to doctor appointments, 24/7 toileting assistance and special dementia programs to lower anxiety to any older adults with dementia who reside in Lake Placid, FL and nearby areas. Southern Lifestyle Senior Living Center is situated at 1297 Us 27 N, 33852 zip code and can possibly allow Medicaid and Medicare to pay for some fees associated with its care.

Balmoral Assisted Living

Balmoral Assisted Living specializes in memory care in Lake Placid, Florida. It can house no more than 126 senior citizens at a time. It offers amenities such as controlled access community, a homey design that facilitates friendships and brain games and is located at 93 Balmoral Dr, in 33852 zip code area in Highlands county. Balmoral Assisted Living is duly licensed in Florida to offer memory care, with license # 11307.

Crown Pointe Of Sebring

When trying to find memory care centers in Sebring, Florida, you will come across Crown Pointe Of Sebring as a wonderful and luxury dementia and memory care option that is situated at 5005 Sun N Lake Blvd in 33872 zip code. It provides a total capacity of 85 dementia care units. Crown Pointe Of Sebring offers services that include programs for family members, dementia-trained nurses on staff and memory games and other activities. Its license # is 9756. Crown Pointe Of Sebring offers dementia care services not just to seniors in Sebring, but also to Highlands county older adults.

Magnolia Retirement Home

Magnolia Retirement Home is a new dementia care center that has capacity of 57 senior citizens. Magnolia Retirement Home offers amenities such as wandering prevention system, regular checks for weight loss and gain and physical, occupational and speech therapy. It is located at 149 Magnolia Avenue, and is able to provide Alzheimer's care to Sebring, FL seniors with dementia. Magnolia Retirement Home has a license in Florida to offer care, with license number 4947.

Palms Of Sebring

For seniors who require aid with everyday tasks, Palms Of Sebring can be the best choice for memory care assisted living in Sebring, Florida. Palms Of Sebring contains a total capacity of 141 memory care units. It offers services like monitoring of medications, aided morning and evening dressing and on-site occupational and physical therapy services. Palms Of Sebring is licensed in the state of Florida with license # 4693.

Sim Lodge

Situated at 4111 Nigeria Road, inside 33875 zip code area in Highlands county, Sim Lodge offers memory care to Sebring, FL seniors and provides amenities that include access to geriatric physician, staff nurses trained in dementia care and programs to promote brain health. Sim Lodge contains a total of 15 memory care units. Sim Lodge is licensed to provide care, with license # 5230.

Maranatha Manor

Seniors with dementia or Alzheimer’s looking for Alzheimer’s care in Sebring, Florida will find Maranatha Manor, a memory care community located at 54 Maranatha Blvd in 33870 zip code area which provides amenities such as access to geriatric nurse practitioner, licensed nurses with Alzheimer’s care training and custom memory care programs and activities. Maranatha Manor can provide care to up to 20 seniors. Maranatha Manor has a Florida license number of 10086.

The Manor At Lake Jackson - Memory Care

Located at 2301 Us 27 S, Sebring, Florida, 33870, The Manor At Lake Jackson - Memory Care is able to assist any Highlands county senior citizen with ADLs and includes amenities like family counseling and support program, home-like community rooms that promote socialization and special activities for Alzheimer’s patients. The Manor At Lake Jackson - Memory Care contains a total of 40 Alzheimer’s care units. Its license # is 12574.

Sunny Hills Of Sebring

Sunny Hills Of Sebring, situated at 3600 Commerce Center Dr offers Alzheimer’s and dementia care service in Sebring, Florida and offers amenities such as controlled access community, help with grooming and getting dressed and high ratio of caregivers to residents. Sunny Hills Of Sebring has a total of 100 memory care units for Highlands county and nearby areas residents. Sunny Hills Of Sebring has a license to offer assisted living and memory care in Sebring, Florida. Its license # 9001.

Fairway Pines At Sun N Lake

Situated at 5959 Sun N' Lake Blvd. in Highlands county, Fairway Pines At Sun N Lake has a wonderful reputation for providing assisted living and memory care services to older adults with dementia in Sebring, FL in addition to those who reside in surrounding areas. Fairway Pines At Sun N Lake offers amenities like encouraged family participation, caregiving staff trained for Alzheimer’s care and physical, occupational and speech therapy to Highlands county senior citizens, with license number 5105. Fairway Pines At Sun N Lake contains 175 Alzheimer’s care units and offers multiple care levels.

Does Medicare pay for memory care costs in Lake Placid, Florida?

When considering how to pay for memory care in Lake Placid, Florida, it’s important to understand the role of Medicare, as many families look to this federal program for assistance. Medicare typically does not cover the full cost of memory care services, particularly those provided in residential care facilities, such as memory care units in nursing homes or assisted living communities in Lake Placid. However, there are specific circumstances where Medicare can provide some coverage.

Medicare Coverage for Memory Care in Lake Placid, Florida

Medicare is primarily designed for individuals over the age of 65 or those with specific disabilities, and it generally covers hospital stays, skilled nursing care, and some other healthcare services. In the context of memory care, Medicare may provide limited support, but it’s important to note that this does not extend to long-term custodial care or the daily assistance needed by individuals with Alzheimer’s disease, dementia, or other memory-related conditions.

If the memory care needed in Lake Placid requires short-term skilled nursing care, Medicare may help cover those costs. For example, if the individual with memory issues has been hospitalized and then requires rehabilitation or skilled nursing care following a hospitalization, Medicare Part A may cover the cost of skilled care for a limited period (up to 100 days). However, Medicare will not pay for long-term memory care in a facility once this period is over.

Does Medicare Cover Memory Care in Assisted Living in Lake Placid?

Most memory care in Lake Placid is provided within specialized memory care units in assisted living or nursing homes. Unfortunately, Medicare does not cover custodial care in these types of settings. Custodial care involves assistance with daily activities such as dressing, bathing, and eating, which are common needs for people with memory loss. These services are typically paid out-of-pocket or through other funding sources, such as Medicaid or long-term care insurance.

If the individual with memory impairment requires skilled nursing care or rehabilitation after a hospital stay, Medicare Part A may cover it for a short period. Still, this does not extend to the ongoing, round-the-clock care provided in memory care facilities in Lake Placid.

Medicaid and Memory Care in Lake Placid, Florida

For residents of Lake Placid who are unable to afford the high costs of memory care, Medicaid is a potential alternative. Medicaid, which is a joint federal and state program, may provide assistance with the costs of long-term care for those who meet the eligibility requirements. Medicaid in Florida covers the cost of care in nursing homes, which may include memory care services for individuals with Alzheimer's disease or dementia.

To qualify for Medicaid, individuals in Lake Placid must meet specific income and asset limits. Additionally, the memory care facility must be Medicaid-approved. Florida’s Medicaid program will cover long-term stays in nursing homes, including memory care units, but coverage typically requires the individual to meet the state’s financial and medical eligibility criteria. The level of care required by the individual and the specific memory care facility chosen in Lake Placid will affect how much Medicaid will pay.

Long-Term Care Insurance and Memory Care in Lake Placid, Florida

Another option for covering memory care costs in Lake Placid is long-term care insurance. Many people purchase long-term care insurance policies to help cover the costs of care in memory care facilities. These policies can be tailored to fit an individual's needs, and they often cover a broader range of services than Medicare. Coverage varies depending on the policy, but in general, long-term care insurance can cover the costs of memory care, both in nursing homes and in assisted living communities.

The premiums for long-term care insurance can be expensive, and policies are typically purchased well in advance of the need for care. If you are considering long-term care insurance for a loved one in Lake Placid, it’s important to review policy terms carefully to understand what is covered, as some policies may have limitations on memory care or care in certain types of facilities.

Veterans Benefits and Memory Care in Lake Placid, Florida

For veterans or their surviving spouses residing in Lake Placid, veterans' benefits may help cover the costs of memory care. The U.S. Department of Veterans Affairs (VA) provides benefits that can be used to help pay for long-term care, including care in memory care facilities. The VA offers a program called Aid and Attendance, which provides additional financial assistance to veterans who need assistance with daily activities, such as bathing, eating, and dressing. These benefits can be used to help cover the costs of memory care, but eligibility requirements are strict and vary based on the individual's service history and financial situation.

Paying for Memory Care Out-of-Pocket in Lake Placid, Florida

For many residents of Lake Placid, paying for memory care out-of-pocket may be the only option. Memory care can be expensive, with costs varying depending on the facility, the level of care needed, and the location within Lake Placid. On average, memory care can cost between $4,000 and $8,000 per month in Florida, and in some cases, costs may be higher.

Some families may need to tap into savings, retirement funds, or home equity to pay for memory care in Lake Placid. If out-of-pocket payments are required, it is essential to budget carefully and consider other potential funding sources, such as life insurance policies or annuities.

Financial Assistance Programs for Memory Care in Lake Placid, Florida

In addition to Medicare, Medicaid, and long-term care insurance, several other programs may assist in paying for memory care in Lake Placid. Local non-profit organizations, community resources, and county programs may offer financial assistance or provide information on how to qualify for state-sponsored programs. For instance, some counties in Florida may have programs that help seniors and individuals with disabilities access care, including memory care services.

It's also worthwhile to explore whether the facility you are considering in Lake Placid offers any financial assistance or sliding-scale payment options to help cover the costs of memory care.

Paying for memory care in Lake Placid, Florida, can be challenging, but there are several options available. Medicare does not cover long-term memory care costs, but it may cover short-term skilled nursing care under certain conditions. Medicaid, long-term care insurance, veterans' benefits, and out-of-pocket payments are also important considerations. Families in Lake Placid should explore all available resources to ensure that their loved ones receive the appropriate care while managing the financial implications.

Memory Care Admission Requirements in Lake Placid, Florida

In Lake Placid, Florida, as in the rest of the state, memory care facilities are specifically designed to assist individuals with Alzheimer’s, dementia, and other memory-related conditions. Admission to these specialized care units typically involves several key requirements, including a combination of medical, legal, and personal factors. Florida has strict regulations to ensure that memory care facilities provide the appropriate level of care, safety, and support for residents.

Medical Assessment and Diagnosis

One of the primary requirements for admission to a memory care facility in Lake Placid is a formal diagnosis of a cognitive impairment disorder such as Alzheimer's disease or another form of dementia. Prospective residents must have a medical evaluation conducted by a licensed healthcare provider. This may involve tests to confirm the presence of dementia, assess its severity, and determine the level of care needed. The facility may also require that the diagnosis be recent or updated to ensure that the individual's needs match the facility's capabilities.

Functional Assessment

Beyond a diagnosis, many memory care facilities in Lake Placid require a functional assessment. This assessment evaluates how well an individual can perform daily activities (e.g., bathing, dressing, eating, and managing medications). Based on the results, the facility will determine whether the individual requires a secure environment, and if so, the level of supervision and assistance needed. If a prospective resident can still live independently with minimal supervision, they may not qualify for memory care services.

State Licensing and Regulations

Florida has specific regulations for memory care and assisted living facilities, enforced by the Agency for Health Care Administration (AHCA). Memory care units must be licensed separately from regular assisted living units to ensure that they provide specialized care for individuals with memory disorders. These units must meet stringent requirements for staff-to-resident ratios, safety protocols (such as secure environments to prevent wandering), and staff training in dementia care.

Florida law mandates that all memory care staff receive specialized training on how to care for individuals with Alzheimer’s and other types of dementia. This training includes understanding the stages of dementia, handling aggressive behaviors, and providing meaningful activities to improve residents' quality of life. Facilities are also required to have a comprehensive care plan in place for each resident, which is reviewed and updated regularly.

Behavioral and Psychiatric Considerations

For residents with more advanced stages of dementia, additional considerations are made regarding behavioral and psychiatric needs. Memory care facilities in Lake Placid are equipped to manage behaviors such as aggression, paranoia, and severe confusion. However, individuals with psychiatric disorders that require intensive psychiatric intervention or who present a danger to themselves or others may be deemed unsuitable for admission, as these facilities do not offer the same level of psychiatric care as hospitals.

Personal and Family Interviews

Admission to a memory care facility in Lake Placid typically involves interviews with the prospective resident and their family members. These interviews provide the facility with insight into the individual’s personal history, preferences, daily routines, and social needs. This is crucial for creating a person-centered care plan. The family is often involved in making decisions about the move and ensuring that the facility is the right fit for the resident’s needs.

Financial Requirements

Memory care in Florida can be costly, and financial assessments are often part of the admission process. While Medicaid and long-term care insurance may cover some costs, private pay options are also available. Many memory care facilities in Lake Placid accept private pay, while others may accept Medicaid, but the facility must meet Medicaid’s guidelines and standards for memory care. Prospective residents will need to provide financial documentation, including proof of income and assets, to determine eligibility for state assistance programs.

Residency Agreements and Policies

Before admission, the prospective resident (or their legal representative) will be required to sign a residency agreement. This agreement outlines the rights and responsibilities of both the facility and the resident, including details on fees, services provided, visitation policies, and any other pertinent rules or regulations. The residency agreement is an essential part of the admission process, as it ensures transparency and understanding between the parties involved.

Trial Stay and Evaluation

Some memory care facilities in Lake Placid offer trial stays or short-term respite care as part of the admission process. This allows families to assess how well the resident adjusts to the facility and receive feedback on how the resident is responding to the care environment. The trial stay also provides the opportunity for staff to evaluate the level of care required and adjust the care plan accordingly.

Memory care admission requirements in Lake Placid, Florida, follow state regulations that prioritize the safety, comfort, and well-being of individuals with memory impairments. These facilities must meet specific medical, functional, financial, and legal criteria to ensure the appropriate level of care is provided. As memory care needs can be highly individualized, prospective residents and their families are encouraged to work closely with the facility to ensure a smooth transition and ongoing care tailored to the resident’s needs.

Memory care near LAKE PLACID, Florida:

Speak to a memory care advisor. 100% free,
no obligation information on Alzheimer's

x
 

Fill out the simple form below to instantly request information on:

  • ✓ Pricing & Availability
  • ✓ Amenities
  • ✓ Care Packages
  • ✓ Dining Options
  • ✓ Recreation

We value your privacy. By clicking the red button above, you agree to our Terms of Use and Privacy Policy. You also consent to receive texts and calls, which may be autodialed, from us and our partner providers; however, your consent is not a condition to using our service.