Financial Options

There are several financial options available to Grand Oaks residents with regard to assisted living costs. These financial options include the following:

Paying out of pocket – The majority of Grand Oaks residents pay either entirely or partly out of pocket. Residents pay rent via ACH, which is an automatic debit system that is set up before the resident’s move-in date. Residents fill out an automatic debit authorization form with a void check and payments are automatically debited from this account each month.

At Grand Oaks of Okeechobee, residents may be able to pay partly out of pocket and partly using Medicaid. Grand Oaks of Okeechobee uses a third party agency that offers a med waiver program for residents with Medicaid. The third party agency pays for a portion of the resident’s assisted living costs and the resident pays for the remaining portion.

For more information on what Medicare does and does not cover, visit

For more information on paying with Medicaid at Grand Oaks of Okeechobee, please contact one of the following:

Jeb Acuff, Administrator
(772) 286-1844

Kimberly Rucks, Office Manager
(863) 824-6770

Paying via long term care insurance – Some residents have long-term care insurance policies, which often pay for the cost of assisted living. A resident’s ability to pay via a long-term care insurance policy depends on the policy itself. Some long-term care insurance policies only cover nursing home costs, while others may cover both nursing home and assisted living costs. Generally, if your policy does cover assisted living costs, the resident or responsible party will make the monthly payments out of pocket and then receive the reimbursement from long-term care insurance later in the month. However, you should first consult with your insurance carrier for the specific details of your policy.

For more information on long-term care insurance policies, visit

Paying via veteran’s benefits – Veterans and their surviving spouses, 65 years and older, may be eligible for a tax-free Aid and Attendance benefit. Aid and Attendance helps veterans pay for the costs associated with long-term care, however veterans must meet certain stipulations to qualify. The benefit is designed to assist veterans unable to perform daily activities such as eating, bathing, dressing, driving, etc. To see if you qualify for Aid and Attendance, contact Tony Reese with the Martin County Veterans Service. Sometimes this benefit can take several months to take effect, therefore we recommend looking into your eligibility as early in your planning process as possible.

Tony Reese, Veterans Service Office Supervisor

435 SE Flagler Ave

Stuart, FL 34994

(772) 288-5448

For more information on Aid and Attendance, visit

Go Green