The government will provide more financial relief to Albertans in designated supportive living and long-term care
To help with the rising cost of living, the government will provide more financial relief to Albertans in designated supportive living and long-term care from Nov. 1, 2022 to June 30, 2023.
In a news release, the government announced it is giving $11 million to seniors to help fight inflationary increases to accommodation costs for 2022-23.
This funding is in addition to almost $14 million already committed to provide financial relief for residents to Oct. 31, 2022. During this current period, government is fully subsidizing the 5.5 per cent increase.
“Operators are experiencing higher costs this year due to the inflation rate and we are taking extra measures to support residents in publicly funded continuing care homes by subsidizing a portion of their accommodation costs for the year," said Minister of Health Jason Copping.
As of Nov. 1, residents’ accommodation charges will increase by 3.2 per cent, instead of this year’s rate of 5.5 per cent. Government will pay operators the remaining 2.3 per cent, on behalf of residents, from Nov. 1, 2022 until June 30, 2023.
Accommodation charges reflect the cost of providing such things as:
Low-income residents who qualify for the Alberta Seniors Benefit or the Assured Income for the Severely Handicapped program are protected from these changes because their benefits offset increases in annual charges.