Home Health Care: For Your Convenience

If you have ever heard of home health care, you probably realized that it could potentially be the best and most convenient option for you when it is time to take care of a parent or other adult who can no longer completely take care of himself or herself. This is something that happens to all of us at some point.

Home health care goes by many other names as well. These include domiciliary care, social care, in-home care, and formal care. These are all essentially the same things, and in the following it a few paragraphs we look through what all of that specifically means when it comes to services.

Home health care specifically deals with licensed professionals. These are licensed health care specialists who have gone through all of the regulated training sessions in order to be put on a list of people that can practice medicine. This is an important distinction because there are other types of care that do not require this license.

Included in this short list of licensed healthcare professionals who can provide home health care are licensed nurses, social workers who have medical experience, physical therapists who have been through regulated courses, and dietitians. These people all have medical experience thus fit in this specific category that you are concerned with right now.

This is in direct opposition to non-medical or custodial care. These are the type of people who come in and take care of the elderly more or for a social reason than a medical one. They are not licensed to do things with medication or specific medical devices, and so they have fee different function they perform at your home should you choose to hire them.

There is the matter of why you would choose home health care in the first place. Mostly because, there is going to be a time when you have to either send someone to a nursing home or hospital. If this is not something you are interested in quite yet, home healthcare is a responsible alternative where everyone gets what they need.

The cost of home health care is quite variable. Sometimes it could be quite a bit more expensive than the hospital or nursing home visit, while on the other hand, the money that you save from sending someone in your home may be to your financial advantage in the end.

Home health care is definitely something you should consider for your family or loved ones, or something that they should consider for you if you are getting on in years. It will probably become more popular in the coming years as people are more interested in keeping their family around, rather than sending them away.

Dangers of Assuming Medicare Covers Everything – Elderly Home Health Care Vs Assisted Living Costs

Elderly home care is and will continue to be much more cost effective now and in the future. When considering the cost of elder home care versus assisted living costs, there are many factors to take into consideration. One consideration is to understand the trends of the health care industry, so that you can financially plan for your future. Many believe that Medicare will cover everything they need as they age. Although many realize that they need to financially prepare for the future, most do not investigate the cost and options of future care needs. Many do not feel that they can afford to invest in long term care insurance.

In 2008, Prudential Insurance did a study on long term care. The results, which will be followed up every year, had some alarming information regarding the costs that will pay for care and services as we age. The information from this and other studies is important to assure successful planning for our future care needs.

It was noted that elderly assisted living homes have seen the largest increase in costs over a 2 year period. The average daily cost of living in an elderly assisted living facility increased to almost $39,000 per year. This is an average rate of just over $100 per day.

There was an astonishing average increase of a 15% in rates for the elderly assisted living facilities that provide care for dementia and Alzheimer’s patients.

Elderly home health care has had the smallest rate increase of all the providers. The rate of elderly home health care has had a 5% increase over the past two years and a 17% increase over the last 7 years.

The costs to have a certified nursing assistant provide elder home care averages $21 per hour. A certified nursing assistant provides services such as: bathing and dressing. The services of elder home care are ordered by a physician and usually paid for by insurance. These services provided by elderly home health care are intermittent and are offered for a short period of time.

Another study, also done in 2008 was preformed by the Genworth Financial Group. This study explored the cost of care that covers the non skilled side of elder home care. This is the largest growing portion of the elder home health care services. This growth, is due in part to many aging seniors desire to remain in their homes as long as possible.

The average cost for homemaker services in the elder home care sector is $18 an hour. There has been a rate increase of 4% over the past year. A homemaker provides some housekeeping duties, companionship, and assistance with cooking, if needed. They may also run short errands when required.

Elderly home care also provides home health aides. They provide basic assistance with bathing and dressing. A home health aide averages a rate $19 an hour. This shows an increase of 3% in just one year.

Met Life Market surveyed adult day services in 2008. The results from this survey show the average daily cost for adult day care services is $64. This shows an increase of 5% in the past year.

Adult day care services are a growing trend in the aging health care market. Adult day care is a cost effective way keep an aging senior at home

For caregivers, utilizing adult day care services permits them to continue to work. Many caregivers take time to do things to they need to take care of and get a break from their care giving duties.

The costs of elder home care services will continue to rise. Surveys show that the trends will continue. The largest increases will be in the assisted living and nursing home areas of elderly home health care services.

The past five years has seen an increase in elderly assisted living rates jump by 41%. Over the past five years, there has been an increase in nursing homes rates of over 30%. Over half the surveyed facilities expect to increase their rates, again, over the next year. The good news is that one in four elder home care providers plan to increase their rates in the next year.

Being aware of the cost of elderly home care and elderly assisted living can assist you in planning for your future needs. Educate yourself on the various options available and how you can utilize those services for future needs. It is important to be proactive and investigate avenues to pay for your future health care needs.