Our goal is to help our clients remain independent at home for as long as possible. However, we understand that most people do not have unlimited funds to pay for respite care. There are several options available to help pay for long-term home care and lighten your family's financial burden. Listed below are some creative options to help your loved one remain in their own home.
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Common Payment Methods for Senior Care Services
Private Pay – Your loved one may have savings or other income available that can help pay for home care, assisted living, or nursing home care. Often family members may contribute to the cost of care for their loved one.
Long-Term Care (LTC) Insurance – Your loved one may have purchased an LTC policy to help offset the cost of home care or assisted living care. We can help you evaluate the policy to see if it covers Senior Helpers’ services.
Veteran’s Aid & Attendance Pension Benefit – Eligible veterans and surviving spouses may be eligible for up to $2,085 per month for home care expenditures, We can help you evaluate this option to see if your loved ones may qualify, and if so, apply for this little known benefit.
Reverse Mortgage – Reverse mortgages can be very useful for home owners aged 62 and older whose home is their principal residence and who have a high amount of equity in the home. Evaluate this option with a reputable reverse mortgage specialist.
Life Insurance Policies – Term life policies and/or whole life policies can be used to fund private duty home care. Senior Helpers has vetted and partnered with companies that can covert this asset into a benefit to fund home care while keeping the insurance policy in effect.
Additional State and Local Programs - In many states, there are local and state funded programs that offer limited care for seniors who meet certain criteria. Contact the Lancaster County Senior Helpers office for more information.
Payment Options - Senior Helpers offers a choice of payment options for your convenience. We invoice for our services on a bi-weekly basis for the prior two weeks and can send the invoice directly to the client, their family, a trusted advisor or long-term care insurance company. Our invoices are detailed with the dates and times of service along with the caregiver who provided care on each day.
What Is Alzheimer's Disease?
Alzheimer's Disease is one of the saddest and frightening diseases.
The Self-Administered Gerocognitive Examination (SAGE test), which takes less than 15 minutes to complete, is a reliable tool for evaluating cognitive abilities.
The SAGE test can be taken at home by patients, who can then share the results with their physicians to help spot early symptoms of cognitive issues such as early dementia or Alzheimer's disease.