Seniors may not want to transition to senior living communities because they would rather age where they’ve lived for years. Thankfully there is an option for individuals who feel this way: in-home senior care. Below, Home Helpers of Jacksonville in Calhoun County, AL, shares some information on how to finance this service so that you can help your loved one transition into this care regimen.

Finance In-home Senior Care With These 3 Tips

1. Look Into Health Insurance

When it comes to financing in-home senior care, insurance coverage varies. Many providers will pay some or all the costs of these services if an individual needs them for health reasons. For example, if your loved one needs assistance managing Alzheimer's disease and diabetes, they may have an easier time getting insurance money to pay for in-home care services. 

2. Nursing Home Diversion Programs

Some states offer assistance programs for older individuals who don’t qualify for Medicaid and have low incomes. These options may be available to keep people who need medical help or who require regular in-home assistance, like someone to cook and maintain their house. If your loved one has health needs, like dementia, you can likely find a specific program that caters directly to seniors with these chronic medical issues. 

3. Reverse Mortgages

Clients can also look into financing in-home senior care by getting a reverse mortgage. Those who own their homes or have little debt on their original mortgage can stay in their house with the help of a mortgage broker. These loans have very specific rules about house maintenance and insurance, which your loved one may need some assistance with.

Seniors who wish to stay in their residences have options when it comes to paying for in-home care. Insurance, nursing home diversion programs, and special loans are all helpful options. If you want to learn about how to help your loved one pay for in-home senior care, call Home Helpers of Jacksonville at (256) 776-7769. The company offers assistance with medical needs and everyday tasks like bathing, eating, and taking prescriptions. Visit the website for more information about their compassionate, well-trained care providers.