We recently began the discussion pertaining to paying for in home health care. The process can feel overwhelming and even frightening at times. How will you access funds that are locked up in life insurance or veteran’s benefits? What can you do if your loved one does not qualify for funding from other sources? How will you come up with the money to pay for in-home healthcare for the senior in your life who desires to be at home while on the mend? These questions and more can plague caregivers. Your weeks may be filled with sleepless nights wondering how things will work out, coupled with the desire to provide the absolute best care for family who needs it. Champion Home Health Care knows that nothing is more important to you than providing the highest quality care for the people in your life. It is our mission to provide our clients with nothing but spectacular in-home health services and we want you to rest easy. The financial challenges you face can be overcome with some research and diligence on your part. Let’s dive deeper into ways you can afford home healthcare.
As we mentioned in a previous post, a reverse mortgage can be used to pay for in-home healthcare. There are strict guidelines that must be followed in order to qualify and keep your mortgage. So choosing this route is not without risk. Another option available to some is Medicare. First and foremost, you need to know that Medicare WILL NOT pay for general non-medical care. This is an important distinction that needs to be made before you begin down this road. Non-medical in-home aides assist with general house duties, companionship, and transportation. Of course, home healthcare does qualify and coverage is much easier to access now. With the change in statues, Medicare can and will cover patients even if their condition does not seem to be improving. Prior to a lawsuit, patients suffering from long-term disabling conditions like COPD or Alzheimer’s lost coverage after a certain point because their conditions do not improve in the long run. Thanks to the changes, coverage counts whether improvement is seen or not.
Navigating Medicare can feel like getting lost in a corn maze. There are so many conditions, questions, loop-holes, twists, and turns that it is easy to get confused. The great news is that Medicare offers free assistance to those needing advice. The SHIP, State Health Insurance Assistance Program, is federally funded and free to those who want help figuring things out. In Florida, you can call SHINE (Serving Health Insurance Needs of Elders) for more information. You can also reach out to Champion Home Health Care, located in Melbourne, with any questions you may have. We want this process to be a simple as possible and welcome your questions.
