Private Pay
The Ivy Apartments is a great value to seniors and we work hard to keep our room and board rates and personal care fees low. Our community provides maintenance-free living, the personal assistance to be as independent as possible and the free time to live life to the fullest. Including the apartment features, amenities and the rich social and recreational programs we provide, our seniors find their lifestyle is well worth the cost. Call our Marketing Director at 773-472-8400 Ext. 147 or click on the link below so we can show you why this is a great value to seniors.
Compare your current monthly expenses with the single monthly room and board rate of The Ivy Apartments: Value of Senior Living (PDF)
Supportive Living
Seniors of all incomes including those on Medicaid may qualify for residency at The Ivy. This is because Ivy Apartments is also certified as an Illinois Supportive Living facility that accepts payment from Medicaid to supplement the cost. A Supportive Living facility is an affordable assisted living model administered by the Illinois Department of Healthcare and Family Services. The program was developed as an alternative to nursing homes and emphasizes personal choice, dignity, privacy and individuality. By combining apartment-style housing with personal care and other services, residents can live independently and take part in decision-making.
How Supportive Living Works
A Medicaid-eligible resident must have income equal to or greater than the current SSI amount (as of January 2009, $674 for a single person; $1011 for a couple) and must contribute all but $90 each month to The Ivy for room and board, meals and services. The $90 is to be kept by the resident as a personal allowance to use as the resident wishes. One of the many benefits of the Supportive Living program and the reason why many of our residents choose our facility over a traditional Independent or Assisted Living facility is because if you run out of funds to pay privately, you may meet criteria that can make you eligible for Supportive Living. If so, your apartment, services and amenities will not change. Also, we do not require a security deposit for Medicaid-approved residents.
Long-Term Care Insurance
Long-term care insurance may pay for the cost of care at the Ivy. Each long-term care policy is different. Please see your individual policy to determine what it includes.
