At Golden Heart, we know that nothing is more important than family. When your loved one needs help with everyday tasks, they deserve the highest quality of long term care options that also enables them to remain safe and comfortable at home. Whether due to health conditions, mobility challenges, or the challenges of aging, the needs your loved one faces can be met by the experienced team at Golden Heart.
When looking for long term care, your family should consider what kind of care is needed, how much assistance is required, and all of your care options. Options might include the assistance of a family member, in home care, or a residential facility like a nursing home. At Golden Heart, we know more and more seniors are choosing to age in place, maintaining independence and connections to community and family. That’s why our long term care options are designed to incorporate every daily need, and affordable in the long run, too.
Long term care insurance. This type of insurance is designed to protect seniors’ savings from being drained by long term care needs. Generally, this kind of policy is purchased before retirement, and your loved one will continue paying a monthly premium after their retirement. View our list of popular long term care providers whose policies likely cover senior care from Golden Heart.
Veterans Administration aid. Veterans of any age can take advantage of VA aid, and VA benefits are commonly used by members of the Greatest Generation. If your senior loved one has served in the military, be sure to check for VA benefits eligibility. In general, a veteran who has served 90 days of active duty or their surviving spouse may be eligible for a pension in order to help pay for care. For more information and help determining eligibility, go to www.va.gov.
Medicare and Medicaid programs. These public health insurance programs are a common part of any senior’s strategies to pay for costs of living after retirement. Medicare may not cover the costs associated with long term care options, but may cover physician-prescribed in-home care following an illness or surgery. Medicare may also cover hospice care for those receiving end of life assistance. Medicaid generally covers nursing costs not covered by Medicare and home care services in certain situations.
Out of pocket payments. Long term care costs that are not covered by health insurance, long term care insurance, Medicare, or another program are called out of pocket costs. Retirement savings, pensions, and other assets can be a part of your loved one’s plan to cover out of pocket costs. If you are ineligible for other long term care options, discuss help with payment plans from your home care provider.
Your loved one deserves the assistance they need to make the most of their golden years, and Golden Heart’s experienced caregivers are here to help. To consult with one of our experts about your loved one’s payment options, contact our Dayton or Mason area office today.