5 Ways to Pay for Home Care

Most seniors say they want to stay at home as they age, but some seem leery of home care. Perhaps you are too. It might be because of a common misconception that home care costs too much. In reality, home care is one of the most affordable options. Home care… Read More

Overview: Paying for Care

If you are one of the 70 million people who provide unpaid care for a family member or friend, it’s important for you to know there are some options available for the coverage of home care costs that you may not be taking advantage of. How does home care compare… Read More

How to Pay for Alzheimer’s Care

You can look to many sources for help in paying for care. Some are public, while others are private or volunteer. The most common ways to pay for home care are as follows: Personal and family resources. Private insurance. Medicare, Medicaid, Department of Veterans Affairs, and Title programs. Community-based services…. Read More

Paying for Medical Equipment and Supplies

If you need assistance in paying for medical equipment: Ask the doctor to write an order for a home evaluation (assessment), including an evaluation of needed equipment. Find out if the equipment is partly or completely covered by private health insurance with home care benefits. Check state retirement and union… Read More

Advice on Paying for Home Health Care

Home health must be prescribed by a physician. Registered Nurses (RNs), Licensed Practical Nurses (LPNs) and Licensed Vocational Nurses (LVNs) provide the care, sometimes in conjunction with other health professionals. These providers may also enlist the assistance of a home health aide who can help with personal care such as… Read More

Suggestions on How to Pay for Adult Daycare

Look into public benefit programs such as: Medicaid VA benefits PACE program Consider insurance and private payment sources such as: Options you can explore: Medicare Advantage Part C Long-Term Care insurance The Cash Value of a life insurance policy Reverse Mortgage Shared family contributions Local resources for free care Read More

8 Smart Ways to Pay for Assisted Living

Use veterans’ benefits. Use a life insurance Policy. Use long-term care Insurance. Use an annuity. Use a reverse mortgage. Rent out your home. Use Medicaid or SSI. Use a bridge loan. Read More

Trust Officers Can Help Manage Senior Care

Bank trust officers often serve as custodians for a senior adult’s finances. Trust officers can help with options such as: Caregiving Home preparation services Settle-in service Read More

How can I afford Alzheimer’s services? Long-term care?

Costs for caring for a person with Alzheimer’s disease or other dementias can be high, but there are steps that families can take to use their resources wisely and identify sources of help. Any of us who have had a family member or friend with dementia understand the enormous physical… Read More

Alzheimer’s Caregiver Concerns – Practical Alzheimer’s Solutions

Common concerns held by caregivers who have loved ones diagnosed with Alzheimer’s Disease or dementia include the financial costs associated with care and the physical toll it takes on their loved ones. This video discusses resources and strategies caregivers can look into to help with care of their loved ones. Read More