Planning & Funding Care in Spring Lake, Muskegon and the Surrounding Areas of Michigan
The cost of adult home care services depends on the type of senior care your loved one needs
When you start noticing signs that your loved one might need assistance with some routine tasks and activities on a daily basis, you may start to ask yourself if you can afford adult home care or if there are any other funding options. Comfort Keepers of Spring Lake, MI can help you explore some financial solutions that are offered to seniors in need of care. These include Medicare, Medicaid, insurance, veteran benefits, and self-financing.
It is important to note that Medicare, contrary to what most people think, doesn’t cover adult home care expenses in the majority of cases. The situation is similar with Medicaid, although they are more flexible when it comes to paying for at home care. Long-term care insurance is a good solution in many cases, but keep in mind that premiums, which are already quite costly, increase with age. Veteran benefits, as the name suggest, are reserved for eligible veterans and their surviving spouses. As for paying out of pocket, this type of funding may be the least popular, but it is still much cheaper than other care options such as nursing homes, which usually cost a whopping $6,000 per month!
The quote you may get for our services may seem high to you at first, but bear in mind that caregiving requires a lot of time and dedication. This is something family caregivers realize once their private lives or careers are affected by their primary caregiving duties. Looking after a loved one can be rewarding, but it can also come with various obstacles, which can prevent you from advancing in your career, for example. These kinds of missed opportunities can also affect you financially and in other ways, and may even end up costing more than paying for adult home care.
If you would like to discuss financing with us at Comfort Keepers of Spring Lake, MI, please call us at (616) 425-8667. We are happy to help!