Strategies for Affordability: How to Pay for In-Home Care

by | Nov 19, 2018 | Uncategorized | 0 comments

Female Support Worker Visits Senior Man At Home

The benefits of receiving special care at home have been greatly enjoyed by many persons with disabilities and patients recovering from their illnesses, but also largely by most members of the baby boomer generation. However, there are costs that come along with this level of care, particularly on the financial aspects.

When you have an aging loved one and you would like to receive assistance from care providers of in home care in Montgomery County, Md, the cost will be one of the things you’ll consider. Isn’t that right? Well, let us help you with that concern with these payment strategies for in-home care.

  • Paying through Medicare
    While Medicare may be hard to come by for patients receiving home care services in Potomac, Maryland, it can be acquired in instances of immediate medical crisis. This is normally enjoyed by seniors who just come from hospitals or rehabilitation centers.
  • Paying through Medicaid
    This payment scheme is especially favorable for seniors who do not have enough savings or financial resources. Each state has varying rules for Medicaid, but this can cover in-home care services in a short period of time and for simple conditions.
  • Paying through veterans benefits
    This payment benefit is especially accorded for seniors who have served at least 90 days of active military duty, including at least a day in a wartime period, and has been discharged honorably. The qualified seniors who will receive home health care in Rockville, Maryland are entitled to long-term care assistance and monthly disability payments, among others.
  • Paying through a reverse mortgage
    This is a government-devised program extended to qualified seniors who are staying in their own homes. The idea for a reverse mortgage payment is that the mortgage payment of their homes is converted to the payment for in-home care services. This allows for the senior to continue receiving care at home until their last breath, after which, the home can be resold to recover the mortgage payment.
  • Paying through long-term care insurance
    There are agencies that offer long-term care insurance for seniors to receive in home care in Bethesda, Maryland. If your loved one has long-term care insurance, you have to check the extent of the care services that your aging family member can receive, whether it’s medical or non-medical care.

Be sure to consult with the relevant authorities to get you the right payment scheme fit for your situation.

Nest & Care is a dedicated in-home care in Montgomery County, MD. We provide service in Rockville, Bethesda, Silver Spring and its neighboring communities. If you’re looking for a dedicated and professional caregiver who can help a loved one for their daily needs, Nest & Care can help. We carefully match each client with the best caregiver and formulate an individualized plan that best suits the family’s needs and goals. Excellent service to our clients and families is of paramount importance to us. Call us today for your free in-home assessment by a Nest & Care Registered Nurse.

Katharina Villanueva

Katharina Villanueva

RN, BSN, CCRN-K, SCRN, CNRN, DN, CDP

Kat is the founder of Nest & Care LLC, a Private Duty In-Home Care agency providing companion care, personal care, and skilled nursing services to families in and around Montgomery County and Howard County, MD.

For the past 15 years, she has devoted her nursing career to caring for patients with Neurologic or Neurosurgical conditions in the acute, subacute and chronic phases. She worked at Keck Medical Center of USC in Los Angeles, California before moving to Maryland where she exclusively worked with patients with stroke as a stroke program coordinator at Providence Hospital.

She obtained her Bachelor’s Degree in Nursing at University of Santo Tomas in Manila, Philippines in 1998. Kat is married to Mikael, a pediatric surgeon. They have 3 boys and 3 dogs.