Paying For At Home Care
At Home Care Financial Considerations: How to Pay for Care
When your loved one no longer able to care for themselves entirely on their own anymore, nursing homes or assisted living facilities aren’t your only options. With at home care assistance from our caregivers in Greenville, SC, your loved one can keep their independence and spend retirement surrounded by things and people they know and love.
At home care offers individualized services that are tailored to your parent’s care needs and finances. Our dedicated and highly trained caregivers can provide your parent assistance with activities such as daily chores, meal preparation, grocery shopping and running errands. With a wide range of at home care services your loved one will have the control and the ability to lead a meaningful and independent life well into old age. You might be wondering how you will pay for home care. We offer several solutions.
You should know that Medicare is not a solution for everyone. It covers a narrow range of costs, unlike Medicaid which can cover some expenses that Medicare doesn't. If your parent qualifies for it, it can pay for nursing home care and some in-home care services.
Another way of financing home care for seniors is long-term care insurance. However, coverage can be quite expensive, and with age, premiums increase. If your parent has a significant income, then this option can be the right choice for them.
Whatever decision is made, seniors and their families should consult a financial planner first. When seniors are getting long-term care insurance, they should be aware of what they are buying. Some policies only cover specific types of at home care, while others cover a wide range of care services.
Do you know whether your loved one qualifies for Veterans Administration Aid or not? It can cover some of the costs of at home care.
If your loved one cannot afford long-term care insurance and doesn’t qualify for Medicaid, paying out of pocket is another available option. The cost of at home care varies, and it depends mostly on the amount of care your loved one requires.
Comfort Keepers understands that the cost can be overwhelming. However, keep in mind that at home care can potentially be a more affordable solution than a nursing home.
If you have any questions about the financing options available to your loved one, feel free to contact Comfort Keepers of Greenville, SC. We are happy to assist you and your family through this process!
Comfort Keepers is proud to serve the following areas of South Carolina:
26 Rushmore Dr, Wade Hampton, SC 29615