Flexible, Affordable plans and an Outline of Different Options To Help Pay For Home Care Costs

 

Exploring the option of choosing In-Home Care can feel overwhelming and confusing at times. But don't worry, Our professional team of home care experts will help guide you through the process ensuring compassion, care, and comfort for you or your loved one.

We also understand that affordability and payment options are often key concerns for families considering home care. Which is why we will always do our best to provide care at a competitive cost amongst all the care options and available, putting together a care plan that is tailored to your specific needs that is flexible and most importantly, fits within your budget.

Questions may also arise about coverage by Medicare or health insurance, benefits for Veterans, the role of life insurance, or utilizing home equity to cover care expenses. At Reyna Care, we work with families every day who are starting to learn and explore the advantages of in-home care. As trusted experts, we aim to simplify the often intricate landscape of care options, providing clear answers to help you make well-informed decisions.

Numerous options are available to assist you in covering the costs of home care services. Some of these include:

1. Private Pay

Your loved one may have savings or supplementary income to contribute to home care costs. Often, family members may also participate in covering the cost of home care for a loved one.

2. Long Term Care (LTC) Insurance

Long Term Care insurance policies can help offset the expenses associated with home care or assisted living. If you or your loved one has a Long Term Care policy, we can assist in evaluating whether your policy covers Senior Helpers' services.

3. Veteran’s Aid & Attendance Pension Benefit

Eligible veterans and surviving spouses may qualify for up to $2,431* per month to cover healthcare expenses. We can help assess eligibility and guide you through the application process for this lesser-known benefit.

*2022 rate for Veterans with Dependents

4. Reverse Mortgage

For homeowners aged 62 and older with substantial home equity, reverse mortgages can provide a valuable option. Consult with a reputable Reverse Mortgage Specialist to help evaluate this possibility.

5. Whole Life Insurance Policies

Explore the option of borrowing against the cash value of whole life insurance policies, designed to accumulate cash value over time while maintaining the insurance coverage. Contact your insurance agent to discuss potential options.

6. Additional State and Local Programs

Many states offer local and state-funded programs providing limited care for seniors meeting specific criteria. Reach out to us to help explore different programs available in your area.

 

Our commitment at Reyna Care is to handle the details of home care, allowing you to focus on quality time with your loved one. Whether you're nearby or miles away, we will treat your loved one with the dignity, respect, and compassion they deserve.

We look forward to providing the assistance you or your loved one needs to maintain comfort, quality of life, and independent living at home.