As people age they often require increased assistance in everyday activities. Decisions on what is the best type of care for a senior can be difficult and often complicated. Here is help on how to decide between assisted living or senior care in their home.
The choices between assisted living professionally at a nursing home or relying on care in the home can be an agonizing choice for the family of a senior. There are pros and cons to both options and they should be carefully considered before an arrangement is in place.
Best Ways to Find Elderly Home Care Services in Hillsdale
Senior Care - In Home Care Or Assisted Living - Pros and Cons
The Costs of Senior Care Options
When planning for our retirement, most of us allocate money into a 401K or another savings program to take advantage of tax write-offs and to make sure we will be able to enjoy a nice lifestyle when we are no longer working from 9 to 5. We imagine using the money to supplement our monthly social security checks to enjoy vacations and other leisure activities while taking advantage of all those senior discounts.
The financial company advertisements assist us with the visions of enjoying gardening, sailing and relaxing during our retirement years. They don't show the other side of the reality which includes health problems which accompany aging. Along with a longer life comes an increased chance for developing an age-related disease, such as Alzheimer's Disease or Parkinson's Disease. Alzheimer's Disease is now the sixth leading cause of death, according to the Alzheimer's Association. As we all witnessed from watching former President Ronald Reagan battle the disease, a senior with Alzheimer's Disease can live for many years, while requiring a caregiver to assist with their daily living. As Medicare does not pay for long-term senior care (only stays of 100 days or less in a nursing home for rehabilitation after a hospital stay, with doctor pre-approval, with only the first 20 days paid at 100% by Medicare), the costs can quickly add-up.
Remember, Medicare does not pay for long-term care, which means to effectively plan for your senior care needs, you must plan for where you want to receive the care and save to pay for the care services either in a nursing home or in your home. While less than 7% of Americans over the age of 70 currently have long-term care insurance, it is predicted that more than 50% of Americans will have long-term care insurance in twenty years, as people witness their parents burn through their life savings to pay for their senior care needs. Research the options and manage your investments to allow you to choose your preferred senior care and look for unbiased, third-party information as a credible senior care resource
Budgeting For Senior Care - How Much Does Elder Care Cost?
Senior care, or services offered for elderly folks with declining mental faculties and/or physical capabilities, has come of age. As an aging population-especially those suffering from an ailment or with an injury-finds itself in dire need of paid medical interventions or assistance of professionals, many institutions/firms are showing that they are up to the task of meeting these needs. Indeed, medical or assisted-care nowadays have evolved into modern, highly regulated systems replete with modern amenities. When checking out senior care options, you are bound to come across home care institutions or agencies for seniors, nursing homes, assisted living communities and continuing care retirement communities.
Taking extra precautions when dealing with clients with special medical conditions is something an expert will know. As for clients grappling with dementia, a paid professional help who can help lower frustrations and decrease stress while helping the afflicted go about with daily routines can be a tremendous help. As such, quality senior care may be worth the expense.