Ways To Pay For In Home Care

Are you searching for different ways to pay for in home care?

Cost of In Home Caregivers

The cost of hiring in home senior caregivers usually ranges between $11 and $35 an hour

Price Differences Per Hour Based On Location

Depending on the location & the type of care needed cost per hour changes

Types of In Home Care Services

Bathing, toileting, and safely getting in and out of bed

Difference Between Licensed & Unlicensed

Caregiver who comes from a licensed home care agency are more expensive

Here are some of the options you can explore to help pay for in-home care:

1. Pay for in-home care with public benefit programs

If the person that needs care has very low income and few assets other than the home he or she lives in, some public benefit programs — including Medicaid, PACE, VA benefits for veterans, and Cash and Counseling — pay a limited amount for care.

To learn more about these programs, please visit the Veterans Administration website

2. Pay for in-home care with private insurance

There are at 2 two options worth looking into: If your loved one has a long-term care insurance policy, it may include coverage for in-home care, He or she might also consider converting a life insurance policy into cash to help pay for in-home care.

3. Pay for in-home care with personal and family assets

Personal assets can help pay most in-home care costs, There are several ways personal and family assets can be used help pay for in-home care, including tapping into the equity in your loved one’s home and gathering contributions from those family members who aren’t actively helping with daily care.

4. Pay for in-home care with creative ways to lower costs

To lower the cost of in-home care, you might explore some creative alternatives. Find volunteers at a local church or high school to provide a few hours of coverage each week, or schedule a few hours each week at an adult day program.Find out more about how to lower the cost of in-home care.