< Back to article

How to Pay for In-Home Care

19 Comments

VA helpful, this is a joke right? Due to my dad's declining health, he is now living with me and I am working full time while I am also his full time caregiver. Since he was in the Air Force, we called and were given a phone appointment with a coordinator. We talked with the coordinator and because my dad did not serve during war time, he did not qualify for any assistance. I was told to submit one of their grants. What hurt the most that my dad who was always so proud to have served our country and who was also on the reserve for over twenty years, was so disappointed.

I'm in need of hospital equipment for our home.
Just wondering how to get a new hospital bed and have insurance to pay for it.

Home is the one place your parents find comforting. They know every inch of the home and stay in their home is a sign of competence and capability. Please look at every option to keep them in the home.

I have my mother living in my home. She is becoming more and more dependent. She takes up most of my day caring for her. I have heard that a lot of families let the sibling that is doing all this work keep their monthly checks after taking care of the parents expenses if any. Why should my brothers benefit from my mother saving her monthly checks when she pasess while I do all the work? Is this common practice with families?

commented in January that a reverse mortgage was a viable resource for this purpose. I would like to reiterate this and also mention that many people do not have long term care insurance or other resources besides their home equity. I know this seems out of the ordinary but many people that I speak with in their seventies and eighties have very little financial resources. This places greater emphasis on the potential use of a reverse mortgage as a safe effective tool to assist with care.

My father retired from the US Navy in 1981 after 30 years of service. He did not serve in Vietnam nor was he exposed to Agent Orange. When I called the VA program mentioned in the article, they stated that his widow (my mother) was inelegible for aid because he didn't meet the requirements stated above. What a pity.

I am my Mothers caregiver. Is there assistance available that would cover the cost to have someone sit with her so that I may have a day for myself occasionally?

For the kind of care my parents need ('round the clock), home care so far seems to be far more expensive than the fantastic ALF they're currently in. If your folks can handle most tasks of daily living without assistance and just need drop-in help, home care seems affordable, but when they need total care, it's pricey (at least around here).

For those of you who are looking to get through the red tape of veterans benefits, please contact the VCC or the Veterans Care Coordination. They not only handle Veterans but their spouses as well. They are wonderful, they will even up-front the money for you due to how long the VA takes to approve the benefits. I hope they can help you!

comment

If an elder owns a large home with a lot of equity, I would have the parent(s) downsize to something more affordable [and on one level]. And put the remainder of the equity into a safe money market where it gains some interest.

Example, my Dad wanted to stay in his large home but the cost of having professional Caregivers from an Agency there 24 hours a day because he's a fall risk, didn't know how to cook or do any housekeeping, was costing him over $20,000 a month.

Cost wise he found if he sold his house and goes into Independent Living it would cost him between $4,000-$5,000 a month, which includes housekeeping, meals in the main dining room, activities, plus caregivers/aides/nurses on-site if he needs them. And he has a 4 room apartment all on one level. Plus he is around people of his own generation. He has already moved in and he's happy as a clam.

Once the house sells, no more worry about unexpected repairs such as needing a new furnace or new appliances or plumbing issues [which he recently had with the house], no worry about shoveling [we are in blizzard mode as I type this] or yard work.

It's something to think about.