How to Afford Private Pay Home care
Paying privately for home care services is often a necessary option for seniors who want to remain living independently in their homes. Stay At Home Care helps you remain at home with a minimum of cost compared to nursing home or assisted living costs. Since Medicare and insurance typically doesn't pay for long term care, the burden of payment becomes that of the individual or their extended family. How do the elderly afford quality home care for themselves? There are several possible ways to afford private pay home care, even when the costs seem out of reach. Call and speak to a home care expert today, 855--383-2273.
What your pension plan didn't tell you is they may have a clause that pays for home care, please check with them.
Insurance: A car accident, brain injury or fall
Stay At Home Care is committed to delivering our best care for you or your loved ones need, with trust and compassion. The dedication and compassion of our staff is critical to our promise. Of course, the most important part of our team is our clients and their families. Making a difference in the lives of others is what motivates our caregivers to do their best each and every day.
If you or your loved one has equity in their home, they may qualify for a reverse mortgage. A Reverse Mortgage is a loan available to seniors, and is used to release the home equity in the property as one lump sum or multiple payments. This loan does not need to be repaid while you live in your home. The money can be used to pay for elder care services.
Detroit VA Medical Center Patrick V. McNamara Federal Bldg.
477 Michigan Avenue Detroit, MI
Phone:(800) 827-1000 Ask for Veterans Aid and Attendance
Some veterans and their surviving spouses may be entitled to some home care benefits through the Veterans Administration's specially designated Aid and Attendance pension benefit. Veterans must meet certain eligibility criteria, including time served in the military, income bracket, and other medical conditions not related to the military service
It is a form of insurance that provides compensation medical care for employees who are injured in the course of employment. If you or your loved one requires home care due to the job- related injury, you might be covered by Workman's Compensation.
A viatical settlement is the sale of a life insurance policy by the policy owner before the policy matures. If you or your loved one has a life insurance, you can sell the policy for a lump sum that is greater than a cash surrender value. Cash surrender value is the amount available in cash when canceling an insurance policy before it matures. And the money can be used to pay for elderly home care services.
The Information center Phone: (734)-282-7171
Information & Referral: The Information and Referral Department is a team of call specialists dedicated to helping downriver citizens access the help they need. We work with a database of human service organizations and keep abreast of all local resources in an effort to match you with resources for your individual needs. Our call specialists will assess your situation and point you in the right direction. Our services are free and confidential.