Aging in place can be expensive for many seniors, especially those who require home care. Their daily lives can become extremely difficult to manage if their insurance policies don’t cover home care services, so they often need to rely on family and friends or search for other financial options. Here are some ways your family can get financial assistance to pay for your aging loved one’s care.
If your parent’s medical provider recommends home care, Medicare may cover the cost. Seniors over the age of 65 who are disabled, receive social security disability benefits, or have documentation from their primary care physician may be eligible for home care benefits to help them recover from an illness or injury or manage a chronic disease or short-term condition. The type of home care assistance seniors qualify for under Medicare will vary, as will the length of coverage. Contact your loved one’s Medicare representative to see what your loved one qualifies for.
Although it may be challenging to find reliable, highly rated elder care, Coral Gables, FL, families can turn to Home Care Assistance. Our respite and live-in caregivers are expertly trained to assist seniors with a wide array of important tasks, including cooking, bathing, light housekeeping, and exercise.
Long-Term Care Insurance
Since most employer-based insurance plans don’t cover daily or extended home care, your loved one should consider purchasing long-term care insurance for financial assistance when it pertains to skilled care, therapy, or simple home care services. Long-term care insurance policies with flexible options can help seniors pay for unforeseen problems. Some long-term care policies also cover the costs of modifications done to the home, such as installing ramps and grab bars, lowering cabinets and countertops, and purchasing medical equipment. These modifications make it easier to age in place and maintain independence in the senior years.
Seniors who have insurance policies for long-term care may be able to receive home care under this type of coverage, allowing them to continue to live at home with support from family and professional caregivers. Certain age-related conditions can make it more challenging for seniors to age in place safely and comfortably, but Coral Gables live-in care experts are available around the clock to help seniors manage their health. Whether your loved one is living with dementia or is recovering from a stroke, you can trust the professional live-in caregivers from Home Care Assistance to enhance his or her quality of life.
Nonprofit Organizations and Charities
Some local businesses and organizations offer home care services or discounts that seniors are eligible to receive. Your loved one’s caseworker or medical provider can give you a list of local and national groups that offer financial assistance to seniors with low incomes. These nonprofit organizations generally have an application process to determine eligibility and financial need. If approved, your loved one could receive home care benefits for free or at a significant discount.
Seniors who served in the United States military could be entitled to home care as well as long-term care benefits to help with dementia, Alzheimer’s, diabetes, and other diseases. Older adults who were called to active duty while serving as members of the National Guard or reserves may also qualify for veteran home care benefits. Some of the benefits elderly veterans may qualify for include physical therapy, daily home care, pain management, and support for family caregivers, such as respite care services. Your parent will need to contact the local Veterans Affairs office to determine what he or she is entitled to and how to get those benefits started.
One of the most challenging tasks of helping an elderly relative age in place safely and comfortably is researching agencies that provide home care. Coral Gables families can turn to Home Care Assistance for reliable, high-quality in-home care for aging adults. We offer 24-hour live-in care for seniors who require extensive assistance, and we also offer respite care for family caregivers who need a break from their caregiving duties. To schedule a free in-home consultation, give us a call at 1 (305) 964-5636 today.