Senior Care Options

SENIOR CARE SERVICES TYPICALLY OFFERED TARGET AUDIENCE OPTIONS ANNUAL COST (PRIVATE PAY) 4 keys alternatives MOST COMMON FORMS OF PAYMENT Companionship, help with activities of daily living and household chores Those that can safely continue to live on their own but require some help HOMECARE Typically paid for out-of-pocket, however may also be covered by private insurance or Medicaid (NON MEDICAL) $40,000-44,000 (mon-fri care, 8 hrs per day) Social activities, health monitoring and therapeutic care Those that require monitoring during the day, but have a family member that can look after them in the evening ADULTDAY CARE $18,000 (mon-fri care, full day) Typically paid for out-of-pocket, however may also be covered by private insurance or Medicaid Social living, health monitoring, help with activities of daily living and household chores Those that can safely continue to live on their own but require some help and prefer community living ASSISTED LIVING Typically paid for out-of-pocket, however may also be covered by private insurance or Medicaid $42,000 (base rate) Skilled nursing, medical care and help with activities of daily living Those that require skilled nursing care and rehabilitation on a daily basis SKILLED NURSING FACILITY (NURSING HOME) Typically paid for out-of-pocket, however up to first 100 days may be partially covered by Medicare; may also be covered by private insurance and Medicaid $78,000-87,000