Nursing homes are expensive, with the average annual cost of a private room running at nearly $100k/year in the United States. Considering that Medicare typically does not cover long-term care facilities, you may find your savings quickly depleting. On the other hand, even if you had to pay for home care entirely out-of-pocket, your savings would be significant. However, given that both Medicare and Medicaid cover many home care services, there’s a good chance your out-of-pocket expenses could be drastically reduced if not eliminated.
A recent Consumer Directed Personal Assistance Program (CDPAP) program adds to your options even further. Under CDPAP – which is Medicaid funded – a close relative or friend can be designated as an at-home caregiver. Even better: they’re paid for the care they provide.
The top home healthcare agencies make hiring a home health aide both convenient and safe. They can spare you the effort of searching for a caregiver on your own and ensure that a large team is always at-the-ready to provide round-the-clock coverage. If you’re ready to take the next step, reach out at any time for more information.