Families Need to Understand the Rising Cost of Senior Care and Why Home Care Remains So Valuable 

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Families Need to Understand the Rising Cost of Senior Care and Why Home Care Remains So Valuable How many people know the actual cost (on average) of different types of senior care? Most Americans don’t have a clue how much it may cost for their aging grandparent, parent, or even themselves should they need some type of extended care as they get older. 

Home care is the most affordable option, and there are numerous levels and types of in-home care support. Even if a person currently recognizes and acknowledges the cost of different types of short and long-term care, they may not fully appreciate the impact inflation and supply and demand economics will have on this cost in just five or 10 years. 

It’s essential, with the baby boomer generation retiring, that more Americans become knowledgeable about the value and average cost of different types of care, including in-home care support. This will often require them to conduct research on their own, but agencies and other home care businesses have an opportunity to reach out and share valuable resources, such as information. 

As noted in the Yahoo! News blog, The Typical Cost of Senior Care in Every State, written by Cynthia Measom: 

As with any type of care or service, it pays to do some research to make sure you’re getting the best price possible. Here are some tips to save on senior care costs: 

  • Research all available options in the area and compare costs to find the best option. 
  • Don’t be afraid to ask about discounts, especially if you’re on a tight budget. 
  • Look for services and residential options located in outlying areas or suburbs to find cheaper prices. 
  • Search for assisted living facilities that offer other options besides all-inclusive pricing, which can allow you to pick and choose what you need — and pay for. 
  • Opting for a semiprivate room in a nursing home over a private one can save thousands of dollars per year. 
  • Don’t forget about veterans benefits if you’re eligible. 

Connecting with the general public is not a one time thing for any home care agency or worker. It is a constant need as well as opportunity. The more the general public is aware of the cost of senior care options, the more readily they can compare the various common types of care and costs, the more often they will see the inherent and fiscal benefits in-home care offers. 

It’s important, though, that people realize that home care might be required for full-time, but part-time options are certainly available and even more affordable than national averages convey (since they are often generated based on full-time hours). 

Valerie VanBooven, RN BSN, Editor in Chief of HomeCareDaily.com

Editor in Chief of HomeCareDaily.com at LTC Expert Publications
Valerie is a Registered Nurse, Author, and Co-Owner of LTC Expert Publications. Read More at http://www.LTCSocialMark.com
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Families Need to Understand the Rising Cost of Senior Care and Why Home Care Remains So Valuable 
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Families Need to Understand the Rising Cost of Senior Care and Why Home Care Remains So Valuable 
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How many people know the actual cost (on average) of different types of senior care? Most Americans don’t have a clue how much it may cost for their aging grandparent, parent, or even themselves should they need some type of extended care as they get older. 
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HomeCareDaily.com
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