There typically comes a time in people’s lives when seniors, or their families, realize that they need a bit of assistance. This might involve taking steps to move into a nursing home or deciding to age in place by using home care.
Choices like this aren’t easy – ever.
A lot of people would rather remain in their homes, even if they’re using a portable oxygen machine. However, others might be in search of socialization or around the clock access to the medical services and care that are on offer in nursing homes.
There are a lot of pros and cons to each option. Let’s take a peek.
If you’re considering home care, does the person in question need someone who can help around the house with things like daily living activities, med reminders, and dealing with finances and bills, or do they just need a companion? Alternatively, are they in need of a lot of medical assistance because of something like dementia or because they’re recovering from a serious injury? Essentially, the level of care that’s needed is a primary question you’ll need to answer before deciding which type of care to choose.
When it comes to caregiving in the home, professional options can range from just a couple of hours every week to around the clock care, but most people get about 40 hours or less each week. Professional care for someone staying at home can be rather expensive, and most of the time comes from a palliative care service or a hospice. Basic home caregivers, like homemakers and health aides, will be able to remain as long as they’re needed in order for them to provide assistance and companion care with daily living activities such as general housekeeping, med reminders, meal prep, hygiene, and more.
Nursing Home Care
Nursing homes also referred to as convalescent homes, might just be the ideal option for people who need more than just the basic level of care that is typically given in a home setting. Nursing homes tend to be designed so that patients can get medical care around the clock in a setting that is more akin to a residential environment than a clinical one. Caregivers can assist the beneficiaries with things like skilled medical care, laundry, cleaning, meals, and more on an as-needed basis. Because of this, many families tend to choose nursing homes when there’s a need for care on a full-time basis because of all of the services offered and the ease of stress felt by the caregiver.
The cost of care in the home and care in a nursing home varies depending on a few factors that can include things like the level of care required and how much care is necessary. The average cost of care can be vastly different too and can vary from one state or area to another, with higher costs being associated with areas where the average cost of living is higher. While people might be of the opinion that care in a home can be less expensive, depending on the factors mentioned above--especially in terms of people who need care around the clock or who have special needs--this might be totally wrong. It definitely bears checking into to see what the financial side of things will be in your area and for your specific case.
Once you know the cost, you’ll have to determine how to pay for it. Insurance helps. Sometimes, cash is an option too. However, you can’t forget things like private grants, VA benefits if applicable, and even mortgaging a home if you have to.
It’s a lot to think about, but with the proper research, you’ll be able to make the right decision.
We can Help! Our local advisors can help your family make a confident decision about senior living.