MemoryCare receives payment from insurance companies for time spent with patients assessing, diagnosing and treating the symptoms of cognitive impairment. But no insurance covers the cost of comprehensive care that MemoryCare provides to families/caregivers.
To cover the cost of our program, MemoryCare relies on insurance fees, a cost-sharing annual caregiver fee, and charitable funds that we raise every year. These three sources of income are necessary for every visit to our office for every family served. For detailed information see below.
The clinical portion MemoryCare provides is covered by most forms of insurance including Medicare and Medicaid. Most insurance companies require that a co-payment be paid by the patient as well. Because no insurance covers the time spent educating, counseling and training caregivers, we charge caregivers an annual cost-sharing fee and raise funds for the remaining financial need of the organization. If you have concerns about paying for MemoryCare’s services, please let us know; we are committed to ensuring that no family is denied care for financial reasons.
MemoryCare relies on charitable contributions and grants to support our growth and secure our future.