Caring for Seniors Act

HR 3000, the Caring for Seniors Act, establishes a Senior Care Cost Reduction Program to help low-income seniors aged 70+ live in assisted living facilities instead of more expensive nursing homes. The program provides states with funds to offer eligible seniors a monthly cost reduction of $1,000 (adjusted annually for inflation), covering part of their assisted living fees. To qualify, seniors must reside in an approved facility, meet Medicaid or chronic illness criteria, have net income below 60% of their state’s median income, and possess assets under $19,000 (single) or $25,000 (married). The program is funded by redirected pandemic relief funds and aims to reduce reliance on costly institutional care while expanding access to lower-cost assisted living services.