How To Pay For In Home Senior Care In Alaska
Financing In Home Senior Care Allows You To Spend More Quality Time With Your Loved One
There are a number of ways to help pay for home senior care in Alaska. Some options include Medicare, Medicaid, insurance, Veteran's benefits, and out of pocket assets. Medicare is typically associated with an episode of care. Medicare generally does not cover long-term home care. Medicaid may help pay all or a part of your loved one’s home care costs if they meet eligibility requirements based on their finances and physical health.
Veterans who are age 65 or over and who require assistance with everyday activities may qualify for Veterans Administration (VA) benefits. The requirements are less stringent than Medicaid requirements to qualify for a home health aide.
Long‐term care insurance is a specific type of private insurance that typically covers skilled care as well as personal care services in a variety of settings, including the home. However, coverage can be expensive. Many people pay for home senior care services with their own money. They may use personal savings, a pension or other retirement fund, income from stocks and bonds, or proceeds from the sale of a home. Your parent must have reasonably substantial assets that provide steady cash flow.
The cost of professional care may be overwhelming, but being a family caregiver is a huge responsibility and can take over much of your life. In most cases, it is just impossible for you to provide the range and level of care that a loved one needs. With responsibilities such as kids, job and a life of your own it can be almost impossible to fully take care of your loved one. Our trained caregiver gives you the benefit of not giving up on your loved one.
Contact us at (907) 885-0186 today and find out how Comfort Keepers in Alaska can help keep your loved senior healthy, active and safe.