Financial Planning for
Newport Mesa Senior Living
Beyond priceless peace of mind, Memory Care can be more cost-effective than your loved one remaining in their home. We understand that financial considerations are a significant part of this transition, and our goal is to provide clear, reassuring information to help you plan confidently.
How Much Does
Memory Care Cost?
The cost of Memory Care at Newport Mesa depends on the individual’s needs and required level of care. Before a new resident moves in, we conduct a comprehensive assessment to ensure we tailor our services to provide the best possible support and value.
Our all-inclusive monthly fee typically covers:
- Housing: Comfortable and secure accommodations
- Meals: Delicious, chef-prepared meals served daily
- Care Services: Personalized assistance with daily activities, medication management, and more (based on assessment)
- Housekeeping: Regular cleaning and linen services
- Activities & Programs: A vibrant social, recreational, and wellness calendar
Request a Personalized Assessment
Memory Care vs. Homeownership: A Cost Comparison
Many families are surprised to discover that the “all-inclusive” nature of Memory Care can often be more financially predictable, safer, more life-enriching, and less burdensome than the ongoing costs of homeownership for their loved one. When comparing, consider these everyday expenses associated with maintaining a home in Costa Mesa:
- Mortgage or Rent Payments
- Property Taxes
- Home Insurance
- Utilities: Electricity, gas, water, internet, cable, trash removal
- Home Maintenance & Repairs: Unexpected expenses for plumbing, roofing, appliances, landscaping, etc.
- Groceries & Meal Preparation
- Transportation Costs
- Out-of-Pocket Healthcare Expenses
- Social & Recreational Activities
At Newport Mesa Senior Living, our comprehensive services help save families time, stress, and often money by consolidating various expenses into one predictable monthly fee. This allows residents to enjoy their golden years with dignity and joy.
Ways to Save on Senior Living Costs
Newport Mesa Senior Living supports affordability for residents and families with:
- Veterans Discounts: $200 monthly discount for Veterans and spouses.
- Long-Term Care Insurance: Accepted for Memory Care.
- Resident Referral Program: Occasionally we offer monthly incentives—please call for current details.
State Assistance Programs
Our community participates in select state and federal programs that can help reduce the cost of senior living for eligible residents. Programs vary by state and community. Please call us for details and assistance with the application process.
Medi-Cal
We participate in Medi-Cal programs to help eligible residents offset their care costs.
Assisted Living Waiver (ALW)
Our community is an approved provider for the Assisted Living Waiver program. The ALW is a California Medi-Cal Home and Community-Based Services (HCBS) program that helps eligible seniors and adults with disabilities pay for care services in Assisted Living or Memory Care (room and board not included). The goals of ALW are to:
- Transition Medi-Cal eligible residents from nursing facilities into a community-based, home-like setting.
- Prevent institutionalization by providing support for those at risk of needing nursing home care.
Under ALW, participants pay only the current SSI rent amount, and Medi-Cal covers the remainder of approved care services. If you would like to learn more about the ALW program, please visit www.dhcs.ca.gov or contact us. We will be happy to assist you.
Next Steps: Plan Your Future
with Confidence
We invite you to experience the warmth and quality of life at Newport Mesa Senior Living.
Our dedicated team is here to guide you through every step of the process. We will help you explore available financial options, answer your questions, and ensure you feel confident and secure in your decision.
