Louisvillians, like everyone else in this country, are not only living longer; they’re able to remain healthier and more active for longer too. Here’s how those facts have changed senior living communities for the better.
ccording to HealthyLouisvilleMetro.org, 2018 demographics, the population of Jefferson County is 769,804. In the respectively stated “aging” category of 65 to 85, or what I like to call “sagers” (aging with wisdom, beauty and brilliance), there are 123,212 individuals. They make up sixteen percent of the population. But then there are the emerging baby boomers just behind them, those who are 55 to 65 and born between 1946 and 1964. They represent 103,682 persons or close to fourteen percent of the overall city population. When combined, these groups form a whopping thirty percent of the entire city-wide population. And, in just a decade, America’s elders will double by 2030. They have a huge variation of wants and needs, demands and desires of the heart.
People are living longer, with greater ethnic diversity and economic disparities. According to a recent ABC news report, Americans are not only living longer by tenfold from the century before, but in “more comfort” and “better health.” This fact can only spur increased expectation of demand for a broader range of living facilities, services and products geared to seniors. The study, “Older Americans 2000: Key Indicators of Well-Being” cross-examines statistics from more than one agency “‘to provide a unified picture of the overall health and well-being of older Americans’” said Katherine K. Wallman, chief statistician of the OMB, as reported by ABC News. Thirty-one key indicators are used to identify lifestyles of older Americans, and while there are good things happening for the saging and boomers coming soon behind them, there are factors to consider which will drive choice and demand, wants and care needs.
With longer lives come new budgeting demands. Bankruptcy and lack of future planning is impacting not just the elderly, but their families. According to a recent Northwestern Mutual survey, sixty-eight percent of family caregivers provide financial support. An earlier Merrill Lynch/Age Wave study found that sixty-eight percent of family caregivers are financially supportive of their beloved family member with an estimated $190 billion a year for “care-related expenses.”
But it doesn’t stop there. Chronic sickness and co-morbidities (two or more illnesses) and the onerous behavioral or mental pain-points like dementia elevate healthcare levels of need and care as well as the costs associated with it. And even though desires and financial soundness may be in sync, physical or mental incapacities may force different types of choices.
Senior living facilities have adapted with the changing profile and numbers of the aging population. Assisted and “independent living resources” are now the entry point, with additional add-on services and facilities available as care needs may grow. And senior living companies are preparing for the incoming boomers who will have different demands, including more tech-savvy needs and interests. What all of this means is that the continuum of care in our city has evolved from the traditional nursing home model to include a diverse and adaptable range of living and service options that can allow seniors and their loved ones to enjoy every year fully.
On these pages, we’ve compiled a guide to various senior care settings that should provide a snapshot of how life at every age has changed.
Treyton Oak Towers
Number of units: 160 independent apartments, 40 personal care and 60 nursing and rehabilitation
Size: 560 to 1,500 square feet
Price range: $102 a day for independent living; $154 a day with personal care; $246 for skilled nursing, etc.
Cost: private pay to Medicare/Medicaid options
Number of locations in their co: 1
Average age of resident: 83
Size overall: Twelve-story building on half a city block
Arts and Aging partnership with the Louisville Fund for the Arts
Old Louisville Retirement Living with full continuum of care depending on service needs including rehab
Ballroom and common and private dining areas
Rooftop Deck and greenhouse
Stonecrest of Louisville Senior Living
Number of units: 105, all licensed for personal care (if needed)
Personal care units: 53 (medical model)
Assisted living (social model): 14
Memory care units: 38
Price range: personal care starting at $4,495 to $7,000 which includes all Memory Care services
Payment: month to month
Cost: No skilled nursing, so predominantly private pay. (Will work with veterans benefits and long-term care policies)
Size range: studio to two-bedroom units
Number of locations in their co: one in Louisville
Average age of resident: 70-75
Average age of new resident: 70-75 (opening soon so approx.)
Square feet overall: 76,000
Both a social and medical model with LPN nursing care around the clock with add on of up to 6 levels of care if needed, starting with independent living
All 105 units are licensed for personal care if needed with 38 Memory Care units
The benefit of personal care help and supervision even though may not need it day to day
Prices include all meals, snacks, transportation needs, weekly housekeeping, laundry services utilities, wi-fi and some activities
Masonic Communities Kentucky’s Meadow Active Lifestyle and Miralea Active Lifestyle
Number of units: 231 while building a 48-unit assisted living facility called Grove Pointe which connects to Lifestyle
Price range: buy-in through a Life Care program ranging from $264,900-$429,900 or monthly rates range from $2,845-$3,995 with opportunity for additional care needs on the Masonic campus for a slight increase. Price includes many of the amenities like housekeeping, utilities and maintenance.
Prices for assisted living: from $4,395 to $6,295. Access to personal care and urgent care-style clinic available across the Masonic community campus.
Size: one bedroom, one bath to two-bedroom, two bath
Square foot unit range: 800 to 1670 square feet
Number of locations: two independent living
Square feet overall: Meadow Active Lifestyle is 230,000 square feet
New Active Lifestyle Facility within the Masonic Communities with private dining and a main hallway used as a curated gallery of resident-produced art pieces
Upscale condos with a long-term care policy for a resort feel
Seventy seat theater, a state-of-the-art fitness center, five-hole putting green and art studio
Choice of color palette by resident
The Springs at Stony Brook (a Trilogy Health Services property opening in the fall)
Number of units: 129
Price range: for independent living $2225-2925; personal care $3900-4050; memory care $5250 to 5450; $268 – 282/day for skilled nursing
Cost: Mostly private pay (including LTC insurance) with some Medicare and possible Medicaid options, month to month
Sizes of units: 340 to 790 square feet; studio to one bedroom
Number of locations: 7 in Louisville
Average age of resident: 70
Average age of new resident: 70
Square feet overall: 90,000 square ft
Full continuum of care from independent living apartments to first floor personal care units for “aging in place” including rehab services memory and respite care
Trilogy guarantee of services
Dining restaurant experience in quality and style
Partnering with the American Heart Association for a walking path
Fitness gym and movie theatre