Options to Pay for Care

Downloadable Tools and Tips:
Click the links to view or right click to print or save to your computer.Downloads

Answers to Common Home Equity Conversion Mortgage Questions
Veterans’ Housebound Benefits
Tips for Using Private Funds for Care

 


Web Resources:

Click the links below to access resource Web sites to find out more about options to pay for care.

BenefitsCheckUp
The National Council on Aging’s BenefitsCheckUp allows users to search more than 1,800 public and private benefits programs in the US to find benefits programs for which they may qualify.

Long Term Care Insurance 
Consumer Reports offers expert advice, recommendations and other useful information and resources pertaining to long-term care insurance.

Reverse Mortgage Calculator
New Retirement offers an easy-to-use calculator that will generate approximate estimates for two federally-insured reverse mortgages.

Veterans Pension Program
The Department of Veterans Affairs provides information and answers to some frequently asked questions concerning the Veterans Pension Program.

Caring for Your Parents: Paying for Home Care
PBS offers an informative Web site for those caring for aging parents which details the challenges of paying for home care services.

FINDING ANSWERS IN HOMECARE

What Kind of Home Care is Needed?
Caring for a senior or someone with a chronic illness can be a difficult and confusing road – from navigating the red tape of insurance and Medicare reimbursement to deciding on the most appropriate place to live.
Click here for information on the types of care available.

How Do You Pay for Home Care?
Who will pay for the home care services needed and how does this work? This can be the most difficult aspect of arranging home care, and it is often the ultimate decision maker.
Click here for information on how to pay for home care services in Arizona.

Warning Signs that Care at Home May be Needed

Frequently, when elderly loved ones need some help to stay at home, they won’t admit it. Others may also be unaware when someone simply cannot take care of himself or the household.

It is important to be aware of and watch for the signs that could indicate extra assistance is needed in order to provide a safe home environment for aging loved ones.

Options to Pay for Care

The demographics of our aging society coupled with the increased longevity of those currently older than 80 means that more boomers will be responsible, in part, for assisting with paying for care for their parents.

Making the Home Safe for Aging in Place

An increasing number of seniors are choosing to age in place. Only 4.5% of seniors are now living in nursing homes. Over 80% of seniors who need long-term care are receiving it in their own homes. Seniors not only can be comfortable and well cared for, but safe in their own homes.

Staying in a familiar place increases the feeling of independence for many, and having a safe and well-equipped environment makes aging in place more convenient for seniors and their families.