Planning & Funding In Home Care Services in Racine, WI & the Surrounding Areas
What Are Your Options For Funding In Home Care Services?
When your loved one is considering care options, they are probably wondering if they are going to keep their independence, and with our in home care in Racine, WI, they certainly are. Another significant advantage of home care is that you will get to be a larger part of your loved one’s care plans. One of the major benefits of home health care in Racine, WI, is that it costs less than keeping your loved one in a nursing home. When it comes to funding home care, we offer several options.
If you think Medicare is your solution for paying for in home care services, first do a little research. There are many costs that Medicare doesn’t cover. However, it covers up to 100 days of nursing home care in limited instances, and it can help you pay for some durable medical equipment for home use. It also covers hospice care for people diagnosed with a terminal illness.
Another option is Medicaid, the largest public payer for long-term care. Just first be sure that your loved one qualifies for it. If your loved one is receiving Supplemental Security Income (SSI), they are likely to qualify for Medicaid automatically.
One of the solutions for paying in home care services in Racine, WI, is long-term care insurance. Because not all long-term insurance policies are created equal because they are complicated and the language is often confusing, be sure your loved one knows what they are buying. Veterans and their surviving spouses may qualify for Veterans Administration benefits to cover some of the expenses of in-home care. Paying out of pocket is for the financially fortunate. It is especially attractive to those who don't wish to buy long-term care insurance or who would be turned down for medical reasons.
To learn more about paying for in home care services, call us at (262) 299-0320 today, and we will gladly answer all your questions.