Finding The Right Fit!
Finding The Right Fit! Presented by: Lynn Hancock – Owner Always Best Care Senior Services
United States General Accounting Office. GAO-02-544T Long-Term Care: Aging Baby Boom Generation Will Increase Demand and Burden on Federal and State Budgets (n.d.): n. pag. Www.gao.gov. United States General Accounting Office, 21 Mar. 2002. Web. 29 Sept. 2016.
Figure 1: Elderly Population Will More that Double by 2040
United States General Accounting Office. GAO-02-544T Long-Term Care: Aging Baby Boom Generation Will Increase Demand and Burden on Federal and State Budgets (n.d.): n. pag. Www.gao.gov. United States General Accounting Office, 21 Mar. 2002. Web. 29 Sept. 2016.
The Basics Legalities
Personal Finance
Nutrition
Medication
In-Home Care vs. Senior Community In-Home Care
Types of In-Home Care COMPANION
PERSONAL
SKILLED
HOSPICE
What are your choices?
Considerations for Non-Medical In Home Care
In-Home Care vs. Senior Community Senior Community
Senior Housing Options 55+ Community
Independent
Assisted
Memory Care
Senior Housing Options CCRC
SNF
Med Cottage
Alternatives
Cost of Care Long-term Care Option
Hourly
Daily
Monthly
Annually
Homemaker
$18
$113
$3453
$41,184
Home Health Aide
$18
$113
$3453
$41,184
Adult Day Care
$58
$1,257
$15,080
Assisted Living
$132
$4003
$48,030
Nursing Home (semiprivate)
$218
$6,616
$79,288
Nursing Home (private)
$250
$7,604
$91,250
* Genworth Cost of Care Survey 2014 Medians for Richmond, VA
Cost of Care Long-term Care Option
Hourly
Daily
Monthly
Annually
Homemaker
$20
$160
$3,213
$41,600
Home Health Aide
$20
$160
$3,213
$41,600
Adult Day Care
$67
$1,450
$17,407
Assisted Living
$126
$3,850
$46155
Nursing Home (semiprivate)
$242
$7,373
$88,480
Nursing Home (private)
$265
$8,082
$96,991
* Genworth Cost of Care Survey 2015 Medians for Richmond, VA
Cost of Care Long-term Care Option
Hourly
Daily
Monthly
Annually
Homemaker
$20
$160
$3,213
$41,600
Home Health Aide
$20
$160
$3,213
$41,600
Adult Day Care
$67
$1,450
$17,407
Assisted Living
$126
$3,850
$46155
Nursing Home (semiprivate)
$242
$7,373
$88,480
Nursing Home (private)
$265
$8,082
$96,991
* Genworth Cost of Care Survey 2015 Medians for Richmond, VA
Payment Options
Area Resources
How we can help?
Q&A Thank You! Lynn Hancock Always Best Care Senior Services 804-368-3200 [email protected] www.alwaysbestcarerichmond.com
Figure 3: How Much Does It Cost
United States General Accounting Office. GAO-02-544T Long-Term Care: Aging Baby Boom Generation Will Increase Demand and Burden on Federal and State Budgets (n.d.): n. pag. Www.gao.gov. United States General Accounting Office, 21 Mar. 2002. Web. 29 Sept. 2016.
Figure 1: Elderly Population Will More that Double by 2040
United States General Accounting Office. GAO-02-544T Long-Term Care: Aging Baby Boom Generation Will Increase Demand and Burden on Federal and State Budgets (n.d.): n. pag. Www.gao.gov. United States General Accounting Office, 21 Mar. 2002. Web. 29 Sept. 2016.
The Basics Legalities
Personal Finance
Nutrition
Medication
In-Home Care vs. Senior Community In-Home Care
Types of In-Home Care COMPANION
PERSONAL
SKILLED
HOSPICE
What are your choices?
Considerations for Non-Medical In Home Care
In-Home Care vs. Senior Community Senior Community
Senior Housing Options 55+ Community
Independent
Assisted
Memory Care
Senior Housing Options CCRC
SNF
Med Cottage
Alternatives
Cost of Care Long-term Care Option
Hourly
Daily
Monthly
Annually
Homemaker
$18
$113
$3453
$41,184
Home Health Aide
$18
$113
$3453
$41,184
Adult Day Care
$58
$1,257
$15,080
Assisted Living
$132
$4003
$48,030
Nursing Home (semiprivate)
$218
$6,616
$79,288
Nursing Home (private)
$250
$7,604
$91,250
* Genworth Cost of Care Survey 2014 Medians for Richmond, VA
Cost of Care Long-term Care Option
Hourly
Daily
Monthly
Annually
Homemaker
$20
$160
$3,213
$41,600
Home Health Aide
$20
$160
$3,213
$41,600
Adult Day Care
$67
$1,450
$17,407
Assisted Living
$126
$3,850
$46155
Nursing Home (semiprivate)
$242
$7,373
$88,480
Nursing Home (private)
$265
$8,082
$96,991
* Genworth Cost of Care Survey 2015 Medians for Richmond, VA
Cost of Care Long-term Care Option
Hourly
Daily
Monthly
Annually
Homemaker
$20
$160
$3,213
$41,600
Home Health Aide
$20
$160
$3,213
$41,600
Adult Day Care
$67
$1,450
$17,407
Assisted Living
$126
$3,850
$46155
Nursing Home (semiprivate)
$242
$7,373
$88,480
Nursing Home (private)
$265
$8,082
$96,991
* Genworth Cost of Care Survey 2015 Medians for Richmond, VA
Payment Options
Area Resources
How we can help?
Q&A Thank You! Lynn Hancock Always Best Care Senior Services 804-368-3200 [email protected] www.alwaysbestcarerichmond.com
Figure 3: How Much Does It Cost
