Paying For Care
Home Care Solutions: What to Consider When Planning & Funding In Home Care
Since with age, many seniors need assistance with activities of daily living, Comfort Keepers of Spartanburg, SC offers high-quality services which allow them to age in place. We are always improving our services and keeping up with the latest trends in order to ensure high-class care.
With our home care solutions, your loved one will age with dignity and maintain control of their life. If you have been wondering how you will pay for home care services, Comfort Keepers offers several options.
First of them is Medicare. Although many people believe that this is a great solution for financing home care, the truth is a little bit different. Medicare covers only a narrow range of costs. On the other hand, Medicaid can cover some expenses that Medicare doesn't. It can pay for nursing home care and some in-home care services, just be sure to check if your loved one qualifies for it.
Long-term care insurance helps seniors pay the costs of long-term care. Depending on a policy, your loved one could have a waiting period before they can access their funds. Many policies have an elimination period. During that time seniors need to pay for their care on their own.
Be aware that premiums on long-term care insurance policies increase over time. Make sure your loved one understands any limitations or coverage gaps in their plan. They should know exactly what is and isn’t covered by their insurance policy before the purchase it. Policies define eligibility for benefits in various ways. Ensure your senior understands how their insurer defines activities of daily living and the disabilities that interfere with them.
If your loved one qualifies for Veterans Administration Aid it can cover some of the costs of home care solutions.
If your loved senior cannot afford long-term care insurance and doesn’t qualify for Medicaid, paying out of pocket might be the only solution. Costs of home care solutions can vary. It depends mostly on the amount of care your loved one requires. If you are overwhelmed by the cost of home care for seniors, just remember that it’s a much more affordable solution than a nursing home.
Comfort Keepers of Spartanburg, SC are available 24/7 to answer any of your questions about financing options or home care solutions in general. We encourage you to contact us and together we will find the best solution for paying for home care.