When chronic health conditions, recovery from an illness, dementia, or even the normal aging process make it difficult for someone to live at home safely, in-home care can provide the assistance needed to age in place and carry on daily routines. When considering this option, many families are concerned about the cost and their payment options.
Aside from self-pay, there are a variety of options for the payment of in-home care costs such as:
- Medicaid Waiver Programs
- Veterans Programs
State Non-Medicaid Programs such as:
- Florida Community Care for the Elderly (CCE) Program
- Home Care for the Elderly (HCE) Program
Self-Payment Options for Home Care
- Reverse Mortgages / Home Equity Line of Credit
- Life Insurance Policy Conversions
- Home Care Loans
- Long Term Care Insurance
Certain tax credits are also available for seniors which can reduce other costs to free up funds for home care. Note that most of the government programs for assistance have eligibility requirements and we can provide you with information on how you find out if you qualify.