10 Ways to Pay for In-Home Care
According to the Home Care Association of America, more than 7 in 10 older adults will need some form of assistance with activities of daily living as they age. Most older adults want to stay in their homes as long as possible, so in-home care can be an ideal solution to keeping them healthy and independent. Here are 10 possible funding sources available to pay for in-home care.
For more detailed information about ways to pay for in-home care, download our FREE guide or contact your nearest Right at Home office for a free, in-home consultation.
Understanding all your options for in-home care and how to pay for it can feel overwhelming. Right at Home is here to help. There are a variety of ways to pay for in-home care, including:
- Out-of-Pocket/Family-Funded
- Private Insurance/Long-Term Care Insurance
- Long-Term Care Insurance Partnerships
- Whole Life Insurance
- Hybrid Life Insurance
- Viatical Settlement
- Reverse Mortgages
- Veterans Assistance Programs
- Medicare
- Medicaid
More than 70% of older adults will need assistance with daily living activities as they age.
Right at Home caregivers provide assistance with personal care, transportation, housekeeping, companionship and more. Contact Right at Home* today and ask for a FREE in-home consultation.
*In-home care services may vary by location.
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