One of the biggest questions that people ask Comfort Keepers of Cambridge & Brantford is: How do I pay for home care? There are a few different options for how to pay for care including Long Term Care Insurance. Long Term Care Insurance can help pay for home care services for a predetermined length of time.
Long Term Care Insurance can help avoid the depletion of life savings for extended home care but this coverage is expensive. The Kaiser Family Foundation reports that policies purchased at age 65 average $1,800 a year for four years of comprehensive coverage and $5,900 a year when purchased at age 79. For some, these prices are affordable when they are still working, but it is important to take into consideration the cost of the insurance after you retire.
Not all long-term care insurance policies are created equal. Here are a few things to keep in mind when looking at buying a long-term care policy:
At Comfort Keepers, we work with insurance companies to make care easier and also affordable. Here are some insurance companies that we work with:
Not seeing your insurance company listed? Please give us a call and we can discuss coverage options with you.
If you have any questions on how you can pay for care for you or your loved one, please Contact Us. We are available 24/7 to answer any questions that you may have about paying for our home care options.