Long-Term Care vs Assisted Living
Mar, 21, 2021
What’s the Difference Between Long-Term Care and Assisted Living?
The main difference between long-term care and assisted living is the level of independence a senior can sustain on a daily or weekly basis. Assisted living facilities usually provide one or two built-in care options for residents, while long-term care homes offer far more rigorous, 24-hour supervision and support for seniors.
Another differentiator between the two is the base-level cost associated with either option. With recent reports indicating that long-term care costs will balloon to $71B by 2050, prospective residents and their families can expect to see local options get progressively more expensive over time. That said, assisted living can also pile up additional costs due to the number of care options that require external professional help.
Also, the financial and psycho-social impact of long-term care will vary from individual to individual based on the length of stay. The average length of a long-term care home stint for Canadian seniors is around 18 months, a period that can lead to a transition into an assisted or independent living situation if deemed safe and appropriate.