When the time comes for you to find care for a loved one, payment options can be a major concern. We offer guidance and direction to help determine the best possible home care payment options.
Before discussing home care payment options, we need to differentiate between home health care and home care (aka “private duty”).
Home health care is typically paid for by Medicare or Medicaid and provides skilled care services such as physical therapy, occupational therapy and checking blood pressure, temperature or respiration rates.
Home care (aka “private duty”) generally offers custodial care services that help seniors with their activities of daily living (ADL) such as bathing, dressing, grooming, light housekeeping, running errands and transportation, and can also include complex personal care. This is also commonly called personal care, non-medical home care and companion care. Home care is typically paid for by Long Term Care insurance, private payment, Age Options or the Veterans Administration.
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Understanding the payment options for home care can be complicated and confusing. One of the first steps in the process is to determine whether or not your loved one has Long Term Care insurance.
When the in-home care your loved one requires is considered “non-medical”, these services are not covered by traditional health insurance, Medicare or Medicaid. However, non-medical care is typically covered by Long Term Care insurance.
Read More About Long Term Care InsuranceThere are several forms of assistance from the VA to help senior veterans afford home care, be that direct financial assistance or care services that can reduce a veteran’s overall need.
The Veteran Affairs Aid & Attendance Pension program offers families and individuals an additional method of meeting or reducing vital home care costs.
Read More About Paying for Home Care with Veterans BenefitsThe U.S. Administration on Aging has a number of federally funded home care support programs under the Age Options umbrella. We provide in-home personal and companion care services whose family caregiver has obtained an Age Options grant for respite care for an aged loved one.
Read More About Paying for Home Care with Age OptionsFor individuals that do not have Long Term Care insurance or qualify for veterans benefits, paying for home care with “private funds” may be the only initial option.
Using life insurance policies, a reverse mortgage, Social Security benefits, 401K and pension funds or accumulated savings are readily available resources that can be used to pay for necessary home care services.
Read More About Using Private Funds to Pay for Home Care ServicesAt Homewatch CareGivers, we provide Long Term Care insurance claims processing and support services to assist our clients with receiving their full Long Term Care insurance benefits. These free support services range from opening a claim to receiving regular benefit payments. Homewatch CareGivers supports the in-home Long Term Care insurance process every step of the way.
Read More About Long Term Care Insurance Claims Processing SupportTrying to determine if you have appropriate coverage for home care or processing Long Term Care insurance claims can be extremely confusing and time-consuming.
If you need help determining whether or not you or your loved qualifies for home care services under a current insurance plan, Homewatch CareGivers can help.
Homewatch CareGivers offers in-home care and support services throughout Chicago and the North Shore suburbs including both Cook County and Lake County. We provide our home care, senior care and dementia care services to residents of Arlington Heights, Buffalo Grove, Chicago, Deerfield, Des Plaines, Evanston, Glencoe, Glenview, Highland Park, Fort Sheridan, Highwood, Kenilworth, Lake Forest, Morton Grove, Niles, Northbrook, Park Ridge, Lincolnshire, Lincolnwood, Libertyville, Skokie, Wilmette and Winnetka.
As part of the Homewatch CareGivers nationwide family, we are backed with the resources of one of America’s largest and most trusted home care service organizations.
