Many people benefit from home health services. This method of care allows seniors to spend their retirement years at home and for those facing disabilities to live a higher quality lifestyle. However, home health services come at a price, and it's important to understand cost so you and your family can budget accurately.
Generally speaking, this avenue of care is less expensive than long-term services from a medical facility. According to the U.S. Department of Health and Human Services, one month of care in an assisted living community would cost about $3,293 for a one-bedroom unit. Meanwhile, rates for home health services fall far below that. Learn more about prices to determine which route is right for you:
"Patients typically pay $21 per hour for a home health aide."
Home health aide services
Home health aide services involve a caretaker coming to your home to help with a variety of daily living activities. As AARP explained, while these individuals haven't gone through medical school, they must have training and pass a competency test to serve in this position. As such, they can help with basic needs like administering medication and checking vital signs.
According to the HHS, patients typically pay $21 per hour for a home health aide, though this varies depending on the organization, where you live and the services required. Even if you used this service for four hours each day with the aforementioned rate, the monthly cost would still be less than that for assisted living. Additionally, according to the Centers for Medicare and Medicaid Services, Medicare may cover the cost of home health aides who provide intermittent or part-time services.
Hospice provides end-of-life care for individuals who have six or less months to live, focusing on symptom and pain management. According to a 2012 study published in the journal Health Affairs, this home service has a high price - costing more than $10,000 a month. However, under original Medicare, individuals pay nothing for this service, except for co-pays for prescription drugs.
In some regards, homemaker services that involve laundry, cooking and cleaning are related to a person's health and well-being. For instance, people with disabilities or arthritis may not be able to tackle these chores on their own. However, even under a doctor's recommendation, Medicare won't cover homemaker services. According to the Genworth 2014 Cost of Care Survey, customers pay $19 per hour.
These rates reflect averages, and what you pay depends on many factors. Thoroughly research your provider to ensure you get the best service at an optimal price.