The American Association of Retired Persons (AARP) reports that nearly 90 percent of seniors want to stay in their own homes as they age. AARP research further notes that 69 percent of aging parents and 75 percent of their adult children think about the parents’ ability to live independently in the years ahead. However, for older adults to age in place, their physical and service environment must be accommodating.
As seniors and their families continue to choose in-home care over more expensive nursing homes and assisted living facilities, it is wise to explore affordable ways to pay for at-home care. Right at Home are competitively priced, and as testimonials from previous and existing clients shows, we will do our best to care for you or your loved one.
- 1 Hour Visit: $45.00
- 2-hour visit: $55.00
- Hourly with visits 3 h or more: $24 / hr.
There are many ways to pay for our services and many don’t know all the available options. We are happy to help you explore the possibilities you have available. Our staff are trained in creating a custom care plan, tailored to address each individuals’ specific needs, including budget concerns. That’s why we don’t have any minimums and work with flexible scheduling.
Many individual clients and/or their families pay for home care from their own assets, investments or savings. Some family members each contribute to together pay for their loved one’s caregiver costs. Liquidating possessions that a senior no longer uses such as vacation homes, vehicles, boats, land, livestock, etc. is another source of finances for home health care. Accessing equity in the loved one’s home is also a common financing option.
Long-Term Care Insurance
Some long-term care insurance policies do cover in-home care. If you own a long-term care insurance, Right at Home Care Managers can assist you in more information about how we can get your Insurance Company to reimburse your expenses with minimum work for you. Another avenue to consider is converting a life insurance policy into cash to help offset senior home care.
Public Benefit Programs
If your loved one lives on a limited income with few assets, he or she may qualify for home care assistance through Medicaid, veterans’ benefits, Program of All-Inclusive Care for the Elderly (PACE) or State Health Insurance Assistance Program (SHIP). Check with Medicaid about PACE and in-home care beyond acute, short-term care, such as Florida's Serving Health Insurance Needs of Elders (SHINE). Area Agency on Aging for Southwest Florida is another helpful resource for at-home care coverage.
To offset elder care costs, some family caregivers recruit the occasional help of volunteers from a local church, nursing school or high school or college community service programs. A volunteer typically handles errands and chores while a licensed, professional home caregiver provides the more extensive, difficult home healthcare needs.
Veterans Aid and Attendance (A&A)
Veterans and their surviving spouses who require the regular aid and attendance of another person (for activities of daily living such as bathing, dressing, medication monitoring, etc.) may qualify for a special veterans Aid and Attendance (A&A) benefit, in addition to a monthly pension. Military service qualifications include the following: At least 90 days of active duty, but need not have served in combat; one day of active duty during a period of war; or discharged from service under conditions other than dishonorable. Assets are included in the equation for eligibility, with exclusions for personal property such as the veteran’s home or vehicle. Veteran applicants must pass a complicated “Income and Asset Test.” Your local Right at Home office may be able to help you with the application process by putting you in contact with a VA-accredited claims agent. For additional A&A information, visit the U.S. Department of Veterans Affairs website.