Nobody wants to think of themselves as frail and needing assistance in the activities of daily living. Making plans for long-term care can be depressing at first, but without a plan the burden may fall upon children that may or may not have the desire to be the caregiver. Caregiving comes in all kinds of support. Having a homemaker in your home will keep you in your routine and in your own home. Long-term happinesslifetime.com care insurance used to be thought of as a way to cover only nursing home costs. That is no longer true. With the expansion of senior living options, increasing life spans of Americans, the insurance pays for many more services..
The following are various terms found in studies regarding Long-Term Care and in Long-Term happinesslifetime.com Care insurance policies.
These terms and the brief definition will give you an advantage when beginning to plan for your Long-Term care or that of a loved one.
Homemaker: (non Medicare certified, licensed) these service providers assist with such activities as cooking and running errands and are often referred to as "personal care assistants" or companions."The national average hourly rate for such assistance is $18.
Home Health Aide: (non-Medicare certified, licensed) These aides provide non-medical personal care (ie. bathing, dressing, transferring) in the home.The hourly rate for this group is $19 (nationally).
Home Health Aide: (Medicare certified) Personal care and sometimes skilled care associated with a nurse visit is performed by this type of provider, including assistance with bathing, dressing, and transferring. Rate charged by a Medicare certified agency average $38 an hour nationally.
Adult Day (Health) Care: this type of facility provides social and other related support services in a protective setting during any part of a day, but for less than 24 hours.The national average daily rate is $59/hour.
Assisted Living Facility: Provides "hands-on" personal care as well as medical care for those who are not able to live by themselves, but who do not require the constant care provided by a nursing home. For a private one-bedroom arrangement, the average monthly rate is $3008 nationally.
Nursing Home: skilled nursing care is provided 24 hours a day. For a Semiprivate room, the national average daily rate is $187. For a Private room, the national average daily rate is $209.
It is important to consider what is available for your long-term care and make sure that it is included in the policy you design for your family.
Simplify Your Long-Term Care Planning with a longtermcareinsurancepros.com Long-Term Care Specialist
Before you purchase a long-term care policy, request a side by side comparison from at least three of the top carriers. To request a consultation with Dane Petchul, LTCP, CLTC, a Long-Term Care Specialist visit LongTermCareInsurancePros.com LongTermCareInsurancePros.com You will receive a free, no obligation quote with the costs and benefits appropriate for you and your family.
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