Disclaimer: With Medicaid, VA, and insurance regulations frequently changing, past blog posts may not be presently accurate or relevant. Please contact our office for information on current planning strategies, tips, and how-to's.
Governor Mike Dunleavy is proposing a rate increase for assisted living homes in Alaska in hopes of offsetting the state’s budget’s cut to funding for these homes. Usually, the rates would be $2,500 – $6,800 a month but with this proposal, the range of cost would be from $3,600 to $15,000 a month. Medicaid would still be available to those who are eligible. This increase is set to begin Sept 1.
However, there is currently a bill that would set a maximum price of the cost of care and would reverse this rate increase. The bill passed through the House but the Senate is not expected to consider the bill before January.
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