Considering caregiving assistance, one of the first questions people ask is how they will get the help they need. It's essential to focus on the value of caregiving and why it is necessary. Thankfully, several resources are available to help individuals and families get the support they need.
What You Get When from Caregiving
The cost of caregiving depends on you or your loved one's unique needs. We can customize our support for each patient, emphasizing different services such as long-term care versus after-surgery care. Caregiving support can include the following:
- Social care
- Physical support
- Cognitive support
- Daily living assistance
- Home upkeep
- Rooms or semiprivate rooms (in nursing facilities)
- Adult day services
When considering costs, it's important to determine what level of care is necessary. Some patients may require 24-hour assistance, while others may only need occasional check-ins.
Resources to Help with the Cost of Caregiving:
Here are a few resources that can help you pay for caregiving services.
- Long-Term Care Insurance
Long-term care insurance is a coverage option that pays for support and services needed by patients with chronic or long-term conditions. This coverage includes personal care at home, custodial care, community services, and nursing or assisted living facilities. The amount of coverage depends on a person's age when they purchase the policy, the benefits chosen, and the maximum amount the insurance company is willing to pay per day.
- Benefits for Veterans
The U.S. Department of Veterans Affairs (VA) provides care to veterans who are elderly, disabled, or have dementia or Alzheimer's. The VA allows veterans a cash allowance to hire their caregivers. Several VA programs offer caregiver compensation. Each has its eligibility criteria for compensating the caregiver and the care recipient.
AgeOptions is a nonprofit organization that helps people find resources to help them pay for caregiving. Additionally, it offers several resources to prevent the elderly or infirm from falling victim to physical, mental, and emotional abuse, fraudsters, natural disasters, and accidents in the home.
- Private Pay
If you or someone in your family has the funds, you can pay 100% out-of-pocket for caregiving fees. If you don't have the funds for this, you can consider getting assistance from friends or family members, or asking your family to divide the costs to ease the financial burden on any one person.
Care for the Caregiver:
Caring for a loved one can be emotionally and physically demanding, so it's important to take care of yourself as well. Make sure to work out a way to get rest and downtime, and don't be afraid to ask friends and family members for help. Remember that taking care of yourself is a valuable contribution to the caregiving process.
In addition to asking friends and family members to help, you can also get respite care from Homewatch CareGivers. Our respite care plan can give you a much-needed (and deserved!) break while also giving you peace of mind.
Homewatch CareGivers is Here for You
Homewatch CareGivers wants to help you find a way to care for your loved one without breaking the bank.
Talk with our caring team to:
- Determine what type of care you or your loved one needs
- Get an accurate estimate of costs
- Learn about ways to pay for caregiving fees
We look forward to talking with you and answering all your questions. Our goal is to provide our clients with exceptional care. And we want to do so in a way that gives them peace of mind.
Would you like more information about the cost of caregiving? Contact Homewatch CareGivers at 888-404-5191 to learn more.