Determining the Cost of Care
How much does in-home care cost?
Whether you’re looking for in-home care for seniors, the disabled or someone recovering from surgery, the cost is going to be an important factor. But when you do some research and compare the cost of in-home care to other options, you will see it is the more affordable option.
On average, depending on where you live and the level of care required, in-home care services range from $18-$20 per hour. Other variables, such as the amount of care needed and the level of specialization required, can be determined by a free in-home consultation with the local Caring Hearts® office caring for you or your loved one. After this free consultation, together we can better determine a weekly or monthly cost.
In-home care is the preferred, and most affordable, option
According to an AARP study, 90% of people age 65+ would prefer to stay in their own homes when they need additional support instead of going to a nursing home or assisted living facility.
“Aging in place” is the term used to describe this option. It’s certainly understandable that people would prefer to stay in the home that they’ve cared for, furnished and feel most comfortable. The main issue, though, is whether they can live there safely and securely, especially if living alone.
Cost comparison of in-home care with other options
According to the 2017 Cost of Care Survey conducted by Genworth, here are the costs associated with other long-term and elder care options:
- Adult Day Healthcare is defined as a non-residential facility that supports the health, nutritional, social and daily living needs in a professionally staffed group setting. Often, these facilities are designed to provide transitional care and short-term rehabilitation following a hospital stay.
- Assisted Living Facilities offer housing and limited care designed for seniors who require some assistance with daily activities (such as bathing, dressing, grooming, medications and meal preparation) but do not require the type of extensive care provided by a nursing home.
- Nursing Homes are mostly set up like a hospital and provide more extensive medical care. They may also provide physical, speech and occupational therapy and are staffed by medical professionals.