Assisted living is typically covered by long-term care insurance, Medicaid, and employee benefits programs. Medicaid is one of the most usual ways people pay for assisted living with no money available. However, you may need a prescription from your doctor to get the coverage.

Medicare does not pay for long-term assisted living facilities (only short-term stays up to 100 days), but they cover home health care for seniors. This is an acceptable option for those aging individuals who decide to age at home and receive home health care services that help them maintain independence in a familiar environment.