Homecare Payment Options
Paying for homecare can present a financial strain on families. Right at Home believes your loved one deserves every opportunity for quality care, which is why we choose to accept various supplemental income options as payment for home care services, to help families offset the financial burden.
Your loved one's safety and overall care needs are #1, therefore, deciding the necessary hours of home care is key. Our experienced Nursing and Care staff will help you to find a balance between the financial commitment of homecare services, and your loved one's care needs.
In addition to these options, Right at Home’s in-home caregiving services are customizable to your loved one's exact care needs. Unlike many healthcare facilities, Right at Home can provide services a few hours a week to 24 hours a day, 7 days a week, in the comfort of their home. You are in control over what schedule is in place, and as your loved one's needs change, care services can adjust as well. We understand these decisions come with stress, so give us a call to discuss further how we can help you with the various options below.
Right at Home Northern Virginia - (703) 538-4584
If the number of hours required each week is minimal or if you only need support for a short period of time, you may want to consider paying for in-home care services on a private pay basis.
Private Pay Services are also a great option for Homemaker Services such as:
► light housekeeping
► meal preparation
► laundry support
* Private Pay Services are the quickest way to get services set up so if an emergency arises. It is best to get signed up, then look into ways to reduce the financial burden of care.
Ask about our RightTransitions® Program. Our Care Transitions program helps patients who have been discharged from a hospital or rehab with their transition to home. Services can last a few days or longer stretches of time, to help improve patients' recovery as well as assist with daily tasks they may be unable to do for now.
Long Term Care Insurance
Your loved one may be among the 10 million American’s with Long Term Care Insurance Protection, and you may not even know it. Often times, LTC Insurance Policies were purchased many years ago and forgotten about, until now.
GOOD NEWS: LTC Insurance Companies DO Pay Claims
The bad news is that YOU are the person responsible for submitting a claim. However, we can help! Once an Assignment of Benefits (AOB) is completed, Right at Home will manage the claim process by verifying that your loved one meets the care need requirements outlined in the policy. We will submit daily activity sheets and provide the necessary financial documentation in order to ensure payment is received.
Contact Us for a complimentary policy review which includes insight on policy issues such as:
► Which company currently manages my policy?
► What is my policy schedule or outline of coverage?
► What types of services are covered under my policy?
► What is my benefit period?
► Do I have an elimination period, and if so, how long is it?
► What is my daily reimbursement rate for homecare services?
* Find important Long Term Care Insurance terminology and policy definitions.
Long Term Care Benefit Plan
A Long Term Care Benefit Plan is a unique option that prolongs the time in which a person pays for home care services privately, and delays their acceptance into Medicaid. No health conditions are denied, there are no waiting periods, no care limitations, no costs to apply, no requirement to be terminally ill, and there are no loans or premium payments. Policy owners convert their in-force life insurance policy to enroll in the benefit plan and are then able to immediately direct tax-free monthly payments to cover in-home care services. Ask us how!
* Find more information regarding Long Term Care Benefit Plans.
Veteran’s Aid & Attendance Benefit
Veterans Aid and Attendance is an additional pension benefit paid directly to a qualified Veteran or surviving spouse.
This benefit helps pay for assistance with services Right at Home provides such as:
► Meal preparation
► Medication reminders
► Other activities of daily living
At Right at Home we proudly care for Veterans, their spouses, and surviving spouses every day. In the United States, 1 out of every 3 seniors is a Veteran or a surviving spouse. If you are one of these heroes, you may be eligible for this underutilized benefit.
This additional benefit could provide up to $25,020 a year in supplemental income to help cover medical expenses, including Right at Home homecare services. Unfortunately, millions of qualifying veterans and families do not take advantage of the Aid and Attendance benefit simply because they do not know about the program. Read more about the eligibility requirements and find a local accredited claims agent below.
► Did the veteran serve at least 90 consecutive days of active duty, with at least 1 day during an active wartime period? (WWI, WWII, Korean Conflict, Vietnam era, or Gulf War)
► Does the Veteran or surviving spouse require assistance with Activities of Daily Living, such as bathing, dressing, toileting, eating, medication management or other personal care tasks?
► Does the Veteran or surviving spouse have less than $80k in assets? (not including value of car(s) and/or home)
A reverse mortgage is a special type of home loan that converts a portion of the equity you hold in your home into cash. The equity that you have built up over years of making mortgage payments can be loaned back to you in the form of cash, which can be used for services including Right at Home in-home care services. This special loan can provide supplemental tax-free income without having to sell your home, forfeit the title, or make additional monthly mortgage payments.
In addition to these benefits, you don’t need to repay the loan as long as you or another borrower continues to live in the house. The loan only becomes due when the last borrower (s) permanently leaves the home, at which time the reverse mortgage principal, interest charges, closing costs and service fees are typically paid back from the sale of the house.
* Find out more about Reverse Mortgage eligibility requirements and benefits.