Cost & Insurance Information: Financial Clarity for Senior Care at The Ivy
At The Ivy at Davenport, we believe in transparent communication - especially when it comes to the cost of care.
Families in Davenport and the Quad Cities need clear answers about Medicare, Medicaid, and private pay options. This will help them make informed decisions about senior care costs with confidence. Choosing a senior care facility can be hard. It involves many emotions and financial decisions. Our admissions team is here to help make the financial side easier for you.
Understanding the Cost of Senior Care
The cost of senior living varies depending on the specific level of care your loved one needs.
At The Ivy, we provide a full continuum of facility-based services. ensuring families only pay for the personalized support that fits their unique situation.
Typical factors that influence the total cost of care include:
Level of Care Required: Whether the resident needs daily assistance in assisted living or requires 24/7 licensed medical attention in skilled nursing.
Length of Stay: Costs differ significantly between short-term care and indefinite long-term support.
Accommodation Choice: The decision between private or semi-private accommodations directly impacts the room and board component of the cost.
Insurance and Funding: Insurance and Funding: Residents can use Medicare, Medicaid, private insurance, or self-pay options for coverage.
Ancillary Services: Specific needs such as specialized dietary requests, extra transportation, or dedicated one-on-one companionship services.
Under new management by IVY Healthcare, with meaningful investments in staff, facilities, and family partnerships
Comprehensive Medicare Coverage
Medicare, the federal health insurance program, is a vital resource for families accessing short-term recovery services.
Medicare does not cover long-term care for an indefinite time. However, it may cover short-term skilled nursing and rehab services after a qualifying hospital stay.
Coverage typically lasts up to 100 days, depending on medical need and progress. Our admissions team specializes in navigating Medicare coverage Davenport and will guide you through all eligibility criteria and necessary paperwork.
Room and Board
Specifically in a skilled nursing facility setting during the recovery phase.
Skilled Nursing Services
Services provided by licensed nurses and medical professionals.
Therapy Services
Comprehensive physical, occupational, and speech therapy as required by a physician's order.
Medical Supplies
Necessary medications, equipment, and supplies related to the treatment plan.
Navigating Medicaid for Long-Term Support
Medicaid is a joint federal and state program designed to help families with limited income and assets. We cover necessary long-term care financing and services, filling the gap by covering costs that Medicare does not
At The Ivy at Davenport, we accept Medicaid for long-term care in many areas of our facility. This includes long-term skilled nursing care, where Medicaid is the main funding source for stays that need 24/7 medical supervision. We provide assisted living support. Medicaid might help cover some costs. This depends on individual eligibility and specific waiver programs in Iowa. Medicaid can pay for long-term care for dementia. This care can be provided in our assisted living or skilled nursing facilities. We do not have a separate memory care unit. Our financial counselors help families apply for Medicaid. They explain the benefits and make sure residents get care without added financial stress.
Private Pay & Insurance Options
For families who do not qualify for, or prefer alternatives to, government assistance, The Ivy at Davenport accepts a range of private funding solutions.
We work with private health insurance plans. We help verify benefits and submit claims with many major carriers. Our goal is to maximize coverage. We also assist with long-term care insurance policies. We use dedicated benefits to cover services. Private pay options are available. They give families more choices for services and accommodations, like private rooms. Personalized payment plans help balance quality care with each family’s budget.
Why Families Appreciate Our Transparency
We understand that senior care cost is often the biggest source of anxiety.
Families in Davenport and across the Quad Cities choose The Ivy because our commitment to transparency is unwavering.
Clear, Upfront Information
We provide detailed cost sheets and explain all fees before admission, ensuring there are no surprises.
Expert Financial Guidance
Our team provides hands-on guidance through complex financial paperwork, from insurance approvals and benefit verifications to the challenging Medicaid application process.
Flexible Accessibility
We are committed to making quality care accessible by coordinating multiple payment sources to find a sustainable financial solution.
Compassionate Support
Our financial team prioritizes dignity, working with you confidentially and empathetically, ensuring financial concerns never overshadow the focus on resident safety and peace of mind.
FAQs About Cost & Insurance
Our Commitment to Financial Clarity
At The Ivy at Davenport, we know cost is one of the biggest concerns for families - and we are here to provide answers, not confusion. Our goal is to ensure every family understands their options and feels completely confident in choosing care that is both compassionate and financially sustainable.