Market Street Residence East Lake | Photos, Reviews & Costs

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Updated on July 27, 2023

Market Street Residence East Lake

833 E Lake Rd N, Tarpon Springs, FL 34688, United States

727-513-6256

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Market Street Residence East Lake | Reviews, Photos, Costs & Phone

Market Street Residences East Lake offers exceptional multi-sensory programming, and extraordinary culinary experiences in a memory care community dedicated to honoring senior residents and their families. With their unique approach to Memory Care, residents continue to enjoy their lifestyle as well as opportunities for maintaining faith and spiritual connections locally. This community’s commitment to green initiatives and local partnerships fosters a sense of common unity while catering to the unique needs of seniors with cognitive impairment.

Their convenient location provides seniors access to Florida’s charming brick streets, art galleries, antique stores, and specialty shops. Surrounding neighborhoods also have golf course landscapes, conservation areas, parks, and open spaces, giving ample opportunities for residents to explore and bask in nature’s beauty.

Assisted Living Facility #13131

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Frequently Asked Questions

Have more questions you want answers to?

How much does it cost to live in assisted living?

The average cost of assisted living in the US is about $3,628 per month or $119 per day, according to the Administration on Community Living (ACL). However, the actual cost may vary depending on the assisted living facility's location, size, and services. Different families have different ways of paying for assisted living. Some families use their savings, investments, or assets. Some families use insurance policies, such as private insurance, life insurance, or annuities. These contracts pay you a regular income for a certain period of time or for life. Some families use Medicaid, a government program that helps low-income people pay for health care. Depending on the state and the eligibility criteria, Medicaid can cover some or all of the costs of assisted living.

Will Medicare/Medicaid pay for my assisted living?

This greatly depends on where you live. If you live in the US, you may be able to use Medicaid to pay for some or all of the costs of assisted living. Medicaid is a government program that helps low-income people pay for health care. However, not everyone is eligible for Medicaid, and the rules vary by state. You need to meet certain income and asset limits and other criteria to qualify for Medicaid. Medicare, on the other hand, does not pay for assisted living at all. Medicare is another government program that provides health insurance for people who are 65 or older, disabled, or have certain diseases. Medicare covers doctor visits, hospital stays, and medical equipment, not long-term care services like assisted living. If you live outside the US, Medicare and Medicaid do not apply. You need to find other ways of paying for assisted living, such as your savings, insurance policies, or government programs in your country.

What is the difference between assisted living and nursing home?

Assisted Living homes are different from nursing homes. The setup in an assisted living community is more flexible, and residents can still practice their independence in cozy and resort-style surroundings. Nursing homes focus more on the resident's health with constant supervision and 24-hour nurse or caregiver support in a clinical setting. The former’s levels of care are looser and involve supportive living with simple daily activities in the smaller scope, such as bathing, grooming, mobility assistance, and the like. The latter’s range leans towards medical supervision services, such as therapies, wound care, pain management, and other support for different medical conditions.