The most important step in finding the best home care provider for your loved one is understanding the payment options they accept for services. Different home care providers accept different payment methods depending on the services required. Here we’ll help you get started and let you know the right questions to ask. We want you to make the best decision in choosing the right home care provider for your loved one’s unique needs. To learn more about the different solutions for paying for home care we offer, contact SIGMA HomeCare at 1-800-673-0016
Before contacting any home care service provider, know the details about your loved one’s finances. Here are some of the questions you need to be able to answer.
- What assets, income, and savings does your loved one have?
- Does your spouse or loved one have military service?
- Does your loved one have long-term healthcare coverage?
- Who is your loved one’s healthcare provider and what do they cover?
There are several common ways that you can pay for home care services. These are:
- Private Pay or “Out of Pocket”
- Long-term Care Insurance
- Private Health Insurance
- V.A. Benefits
Besides paying out of pocket, each other payment source comes with service limitations and eligibility requirements. Because of these limitations and requirements, several payment methods may be needed to pay for home care services. Your friendly SIGMA HomeCare office will help you determine which options are right to pay for the services your loved one needs.
Private Pay or “Out of Pocket”
The main advantage to paying “out of pocket” with cash, check, money order, or other direct payment source is that there are no restrictions on the home care services available. A local home care provider like SIGMA HomeCare can work with you and your loved one to create a plan made uniquely for he/she’s own needs. These needs can include bathing, grooming, companionship, housekeeping, meal prep, feeding, and more.
Long-term Care Insurance
If your loved one’s health care provider offers long-term care insurance, this is excellent coverage to have. This long term care insurance can cover in-home assistance specifically with daily living activities. These activities include bathing, dressing, eating, toileting & incontinence care, and transfer assistance. Other things such as light housekeeping, meal prep, medication reminders, transportation, and more may also be included. The greatest benefit to long term care insurance is your loved one can receive this care while staying comfortable in his or her own home
Benefits for military Veterans
The Veterans Aide & Attendance Pension provides qualified veterans and surviving spouses, a pension that can help pay for at-home assistance with daily living activities such as bathing, dressing, transferring, toileting, light housekeeping, transportation, meal preparation and more based on the need and care plan that we will put together for you.
To quality you must be a veteran or the surviving spouse of a vet (and were still married at the time of death) who has served at least 90 days or more on active duty, with one day beginning or ending during a period of war, in need of assistance at home due to their disabilities may be eligible for the VA’s non-service connected disability pension the amount will be based on the necessary services one will need. Remember to keep in mind that this benefit is not for use of just having a choir provider/housekeeper or short-term respite care.
Medicaid can pay for doctor appointments, hospital expenses, medicine, therapy, some adaptive equipment, and additional services. The state writes a individualized plan that tells what kind of services will be provided under their program. Every State has a different plan, its best to consult Medicaid.gov to learn more about your state’s requirements and coverage.
You may qualify for help from a Medicaid home and community-based service (HCBS) waiver program if you;
meet your state’s level-of-care or functional eligibility requirements for home and community-based services and have income and assets below certain guidelines.
Being Cautious in your decision to choose the right HomeCare Agency is important
HomeCare will seem expensive and not all can provide the services you require. There are several questions you should ask when interviewing a homecare agency.
The first is if they provide insurance for accidents, if they occur, in the home?
Do you require a minimum number of hours for service and if so how many?
Is the agency licensed for medical/skilled care and non-medical/skilled care?
Are your caregivers trained and competency tested regularly?
Are all your employees drug tested, background checked, licensed, bonded and insured?