How much does Summit ElderCare cost?
The answer to that has a lot of factors. The monthly plan premium depends on income and assets, which means it will vary for everyone who applies. To learn what your specific costs would be, call us at the number below.
Most program participants qualify for financial assistance, and pay no out-of-pocket costs at all. When enrolled, all participants have no copayments, deductibles nor coinsurance for covered services.
Here are some scenarios:
You have Medicaid (MassHealth Standard), but you do not have Medicare.
(You must apply for Medicare Parts A & B once you become eligible.)
Your cost:
$0
You have Medicare Parts A and B and Medicaid (dual eligible). You also meet the income guideline for Medicaid.
Your cost:
$0
You have Medicare Parts A and B and Medicaid (dual eligible), but you’re over the gross income limit for full Medicaid coverage.
Your cost:
Based on a formula.
You have Medicaid plus either Medicare Part A or Medicare Part B.
Your cost:
Determined on an
individual basis
You have Medicare only. That means you have Medicare Parts A and B, but you do not have Medicaid.
Your cost:
Determined on an
individual basis
You don't have Medicare or Medicaid.
Your cost:
$5,786.85/month*
(Private pay)
* This is the monthly cost as of 2021.
Wherever you fall in the above situations, your cost will be favorable when compared with a nursing home (see an illustrated summary of the comparison). Not only that, but the value you get from Summit is much more than with a nursing home.