Assisted Living in Richardson, TX Near Dallas

Assisted living with more independence.

Assisted living at The Monarch at Richardson means feeling engaged, honored and fulfilled, regardless of physical or emotional challenges. Here, you’ll enjoy freedom from home maintenance and receive personalized assistance that will empower you to live the way you desire.

Contents:
When Is it Time to Consider Assisted Living?
When Is Time to Move to an Assisted Living Community?
What is the Cost of Assisted Living?
Does Insurance Cover Healthcare at Assisted Living?
How Do You Pay for Assisted Living?
Assisted Living FAQs

Whether you’d like a little help with medication management or assistance with daily living like dressing and personal care, the team at The Monarch at Richardson is here for you. This Dallas County, TX community includes thoughtfully designed apartments with private baths that give you a place to call your own.

Our innovative wellness philosophy, Salus™ by Solvere (Latin for “well-being”), offers programs that emphasize the physical, social, intellectual and spiritual components of wellness to help you thrive and achieve your personal goals. This philosophy permeates every aspect of life at The Monarch at Richardson.

Customized, one-on-one programs offer meaningful interactions that help you build connections and relationships. From health support to housekeeping, we’re 100% committed to your safety and well-being.

We’re taking assisted living to new heights with resort-style updates to the floor plans and amenities at The Monarch. Check out these renovations, and see how they are a part of our larger mission to offer residents a supportive place that’s rooted in the community here in Richardson, Texas.

When Is it Time to Consider Assisted Living?

Experiencing subtle changes in cognitive and physical abilities can make living on your own challenging. When this occurs, it may be time to consider assisted living in Richardson, TX.

At The Monarch at Richardson, you enjoy freedom from home maintenance and receive personalized assistance that will empower you to live the life you desire.

Team members in the community are available to assist with activities of daily living or ADLs. Examples of ADLs that residents may need help with include dressing, grooming, bathing, and mobility. Other tasks include housekeeping, laundry, medication management and meal preparation.

Most residents who live at an assisted living community don’t require around-the-clock nursing care. However, a licensed nurse or physician’s assistant, or nurse practitioner is often available to meet resident healthcare needs.

When Is Time to Move to an Assisted Living Community?

It isn’t always clear when it is time to transition from independent living to assisted living. However, if you or a family member experience any of the following, it may be time to consider moving to an assisted living community in Richardson, TX.

• Frequently falling, or difficulty with mobility
• Forgetting to take medication, taking the wrong medication, not filling prescriptions or not taking prescriptions as prescribed
• Requiring assistance with one or more ADLs, such as bathing, grooming, dressing and more
• Finding it challenging to maintain housework, do the laundry or cook
• Feeling isolated or alone due to a lack of social engagement
• Inadequate eating habits – forgetting to eat meals, not eating a well-balanced meal

While you may be used to your loved one forgetting things or becoming confused, these are signs that can develop into a growing lack of independence.

If you’re having difficulty determining if assisted living is right for you or a family member, please get in touch with us to learn more about living options. At The Monarch at Richardson, we provided various care options and wellness programs. You and your family will discover a sense of community and an extensively trained team focused on maximizing your abilities and well-being.

What is the Cost of Assisted Living?

A common question is what is the cost of assisted living?  After all, private health insurance and Medicare do not cover the cost for assisted living. Understanding how much assisted living costs can help you maintain control over your budget while getting the care, support and assistance you need.

The cost of assisted living can vary depending upon the community. Some senior living communities are “all-inclusive,” meaning you pay a flat rate that includes care, meals, access to programs, events, on-site services and amenities, and an apartment home. Other communities base their monthly rates on the amount of care that is needed. With these types of communities, residents are charged monthly rates and charged an additional fee for care. The cost of care is based on individual’s needs.

When you choose to become a resident at The Monarch of Richardson, there is a one-time community fee of $2,000. This one-time fee helps cover the cost of admission paperwork, preparing the apartment for move-in, and helping to maintain community spaces such as the dining restaurants, outdoor areas, and senior community apartments. Our monthly fees vary depending upon room size. We offer five different floor plans that allow residents to live in a studio, one-bedroom or two-bedroom apartment. Monthly rates start at $4,100.

In addition to the monthly fee, a wellness package is added to your monthly rate. The Monarch of Richardson offers four wellness package options that provide varying levels of assistance. Wellness packages range from $400 to $1,550.

Does Insurance Cover Healthcare at Assisted Living?

Private insurance and Medicare do not cover the cost of assisted living or memory care. However, insurance may provide some coverage for specific healthcare services. Private insurance and Medicare can cover doctor visits, specialized medical care, prescriptions, surgical procedures and hospital visits. Coverage will vary depending upon your insurance provider and insurance policy.

How Do You Pay for Assisted Living?

Depending on location and income level, there are various programs that provide benefits and financial support.

Veterans Administration

For those who served in the military and their spouses, Aid & Attendance may be an option. This program, offered through the VA to veterans who served during a time of war, provides additional funding that can be used to help pay for the cost living at a community. There are eligibility requirements, such as serving during a particular time, income limits and individual health assessments, which must be met in order to get approved for Aid & Attendance.

Medicaid

Medicaid may provide some funding for assisted living. However, it depends upon which state you reside in. Texas provides coverage for assisted living through the STAR PLUS program. For qualifying residents, this program can cover services and amenities offered at an assisted living community such as The Monarch at Richardson. This program does not cover the cost of room and board. There are eligibility requirements that have to be met in order to qualify for Medicaid, such as income and property/savings.

What Happens When the Money Runs Out?

Every situation is different and therefore what happens when money runs out will vary depending upon your unique circumstances.

The majority of residents who live in Texas and who run out of money for an assisted living community find themselves applying for Medicaid. It does not cover all the cost of assisted living; however, Medicaid does cover a substantial portion. With the help of Medicaid, many residents can continue to live in an assisted living community when their savings and other funds are depleted.

Determining the cost of assisted living for you or a family member can be challenging. Our experienced team members are here to help with your questions or concerns. Contact us to learn more about our pricing and care option in our retirement community in Richardson, Texas.

Assisted Living FAQs

As you consider assisted living communities for yourself or someone else, you may have some questions. We’ve put together this list of frequently asked questions to assist you in your research.