MemoryCare is a different kind of clinic. Half of the program is devoted to persons with dementia and half is devoted to the caregivers who partner with them to live their best possible lives. Therefore, there are two types of fees: patient fees (typically covered by insurers and billed to the patient) and annual caregiver fees (not covered by insurers and billed to the caregiver).
Patient Fees
MemoryCare receives payment from insurance companies for the physician’s time spent with patients assessing, diagnosing and treating the symptoms of cognitive impairment. We will interact with Medicare, Medicaid and commercial insurance on the patient’s behalf. Most insurance companies require that a co-payment be paid by the patient, as well as any deductible not met by their insurance.
Caregiver Fees
MemoryCare is designed for our dementia care experts to be able to devote extended time to caregivers beyond that included by any insurer to prepare, educate, train and support them for the role they must play. This time is apart from the clinical care of the person with dementia. The fee does not cover any medical services which are provided to patients under their insurance benefits.
Because no insurance covers the extensive time our program devotes to the education and training of caregivers, we charge caregivers an annual cost-sharing fee and raise funds to keep those fees affordable and to ensure that no family caregiver will be denied service for financial reasons. The current annual caregiver fee is $695. We require a $50 deposit when the appointment is made. Please notify the scheduler if reduced or waived fees are needed, otherwise, the remaining balance ($645) is due from the caregiver at the first appointment. All family members involved in a patient’s care are eligible for these services under this one fee.
MemoryCare raises more than 50% of its operating budget on an annual basis through a combination of grants, donations, and investment income to keep fees to caregivers affordable and to reduce or waive them as needed.
This Caregiver Fee covers services for the supportive care and training of the caregiver(s) for one year including (but not limited to):
