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Caregiver Financial Questions
Money and finances are a large and sometimes very stressful part of life. Financial problems can become an even more intense source of worry when the health and wellbeing of a loved one is at stake. We at ElderCare 4 Families can guide you through a wide variety of financial processes to make your senior care journey as easy and stress-free as possible. See below to learn more about the different types of financial issues you may encounter while seeking in-home elder care.
What will I pay? Is it extra for weekends, holidays or specialized care?
What other sources of payment will I be able to use, such as Veterans Programs, Long Term Care Insurance?
Currently, there an extremely high need for In-home care including live-in care services, new companies have been “starting up” all over the place. Look out for an agency claiming to provide care, but they haven’t been in business for very long or offer elder care services at a rate that is well below typical care with credible In-home care agencies.
When you are reaching out to an elder care agency, be sure to ask for specifics about their financial policies. Make sure you have a full understanding of how they handle billing, services and fees, and if they offer financial assistance such as payment plans.