Top Tips for Paying for In Home Care
While in home care provides a wealth of benefits, the costs (link to Comparing Costs of Elder Care) associated with it can quickly become difficult to accommodate. While home care is generally cheaper than nursing home care, it can be prohibitive for many families. The following are some of the top tips for paying for home care, so your loved one can continue staying in his or her home as long as possible.
#1 – Check Your Insurance
Believe it or not, some health insurance companies cover all or part of home health services. If you are unable to find the coverage by reading through the policy, take the time to call and find out – just be aware that you may need to provide permission from your loved one to get any information.
#2 – Subsidized Home Care
There are some situations where government options such as Medicaid (link to Using Medicaid to Pay for Home Health Services) and other services may provide coverage. These include:
- Medicare will cover seniors who require home care after being in the hospital or a rehab facility – regardless of their income eligibility.
- CHAMPVA – This coverage is available to those that are retired or active in the military, and it extends to dependents, widows, and spouses. This coverage may be available for home care that is medically necessary.
- Low Income – If your senior is considered low income, Medicaid often covers home care services to prevent the need for nursing home care.
#3 –Area Agency on Aging (AAA)
AAA provides assistance for seniors with limited incomes, including home health aides, meal delivery, legal assistance, transportation, and other home care services. This agency will also be able to provide guidance on other sources that may be able to help with these services.
#4 – Compare Rates
If you have to pay for home care out of your own pocket, you should always compare rates (link to Using Medicare to Pay for Home Health Services) between providers. While the average rates vary by state and location, there can be significant differences in price from one agency to another. You may have to make some uncomfortable choices between affordability and quality of services, but you should be able to find services that are more affordable.
#5 – Ask for Referrals
You should always ask loved ones, churches, employment agencies, and senior service agencies for referrals for lower cost in home care. These options may be able to direct you to local companies or direct hires that can provide the home care services your loved one needs at a lower cost than major home health agencies. If you go the direct hire route, you should always make sure to do your own background checks, and ask for references so you can verify that the kind of care they provide.
Paying for home health services can be expensive, but there are many avenues that may have the potential to help your loved one cover part or all of the costs. It may take a bit of time on your part to find out exactly what assistance may be able to help in your loved one’s situation, but that extra time is more than worth the financial security.
Tags: Home care