In-Home Care Can Be the Most Affordable and Beneficial Choice
Today, 90 percent of Americans want to “age in place” and prefer to remain independent in their home for as long as possible. One of the most frequently asked questions from people inquiring about in-home care and assistance services is “How much does it cost?” While there is not one simple answer to that question, the many benefits of staying home, combined with the flexibility of a personalized schedule, can go a long way to providing care that is more affordable than any other option.
The Benefits of Home Care
- Most seniors want to remain surrounded by their own belongings and their memories, without the expense and hassle of downsizing and moving
- Care can be provided from a couple of hours a day to 24 hours a day as the needs dictate
- In home care is flexible, as care needs change – the amount or frequency of care can be easily adjusted
- In-home care is individualized and designed to promote independence and choice for the person receiving care. At Right at Home, we strive to create partnerships with our clients to help them reach goals that are important to them
- In-home care provides support for family caregivers and serves as a resource for other community programs and services that families may not know about otherwise
- Over the long term, home care can save you money
Paying for In Home Care and Assistance
With all the benefits that private duty care can offer, most other living options cannot compete with the value of in-home care. Since the care is personalized for your needs, you control how much care you want to receive and how much you want to budget. While most private duty home care is paid for privately from monthly income, savings or investments, there are some other options that might be available to you.
Long Term Care Insurance
Long term care insurance is a great way to pay for in-home care. Each policy is unique and our Right at Home office team can help you determine the benefits the policyholder has, how the benefits are accessed, and assist with initiating a claim so that you can begin receiving benefits.
Veterans Aid and Attendance
Veterans Aid & Attendance benefits are also available to pay for care in the home for qualifying Veterans, spouses and widows. Individuals who are eligible must meet certain medical, service and financial requirements. To find out if you are eligible or to submit an application, contact our office and we can put you in touch with the appropriate person to guide you through the process.
Medicare Home Health
Medicare Home Health provides benefits for short-term care only. These benefits cover professional healthcare services like nursing care, physical therapy, occupational therapy and speech therapy to individuals who have a “qualifying event.” These services have to be ordered by the individual’s physician and are available only for a limited period of time. While Medicare benefits do not cover services like bathing, dressing, transportation, meal preparation or other personal care, it is a valuable benefit for short-term rehabilitative and restorative care.
Guide for Determining Cost of Care in St. Louis
The Genworth Cost of Care Survey has been the foundation for long-term care planning since 2004. Knowing the costs of different types of care - whether the care is provided at home or in a facility - can help you plan for these expenses. The 2017 survey, conducted by Carescout®, one of the most comprehensive of its kind, covers 440 regions across the U.S. and is based on data collected from more than 15,000 completed surveys.
How to Budget for In Home Care
We understand that cost is an important factor when selecting home care services as an option for yourself or a loved one. Our goal in creating our pricing structure is to make care as affordable as possible while ensuring that we maintain consistency of your caregiver team and overall reliability of our services.
How Home Care Can Save You Money
The 2013 median annual cost for assisted living facility care was $41,400 nationally and has increased 4.3 percent a year during the past five years. In 2013, a private nursing home room cost $83,950 nationally, a 4.5 percent annual increase since 2008. At-home care, however, has edged up only 0.8 percent during the same five-year period. Since the first Genworth study in 2003, more people each year are moving away from traditional nursing home care and selecting less expensive in-home care, assisted care facilities and adult day care.
St. Louis Average Rates
Private Duty Home Health Aide Services (Includes personal care
|$20 to $24 per hour|
|Adult Day Health Care||$70|
|Assisted Living Facility (One Bedroom - Single Occupancy)||$3,540 to $4,000|
|Nursing Home (Semi-private Room)||$265|
|Nursing Home (Private Room)||$300|
The cost for care from Right at Home of St. Louis ranges from $21 to $26 an hour. And in keeping with the industry norms, there is a weekend differential that is charged for Saturday and Sunday hours. Our goal in creating our pricing structure is to make care as affordable as possible while ensuring that we maintain consistency of your caregiver team and overall reliability of our services. We understand that cost is an important factor when selecting home care services as an option for yourself or a loved one and can help you design a schedule for services and plan for care that is affordable.
Care Team – you have the same RN Care Manager through out your care that collaborates with your care team members to provide continuity and consistency of care. We carefully screen and train our care providers and exceed the industry standards for insuring our caregivers so that you have peace of mind about your safety and security.
Couple Care – When you need care for spouses (or 2 people living together) their care can be provided for a significantly reduced rate – never double! Specialized services are available if needed, such as Skilled Nursing, Chronic Disease Management, Transportation, Errands, assistance with Long Term Care Insurance reimbursement and Wheelchair Van Transportation.
Complimentary Assessment and individual care plan. We believe that thoroughly exploring client preferences is vital to creating a good match between clients and potential care team members. We also help identify additional resources that could be beneficial to the client and enhance the overall quality of their life.
“Improving the Quality of Life for Those We Serve” is our agency’s mission. We are locally owned and operated and have been serving people in our community for 14 years!