A common concern of many clients is the how to manage the overall cost of care. It’s no secret that senior care is expensive, but that doesn’t mean there aren’t options for everyone with through proper life care planning. At Advocare, we offer experienced advice and guidance for those who don’t understand all the options that may be available. There are a number of different sources of funds to pay for senior care, so let the life care planning team at Advocare help you understand your options. Our experience offers peace of mind that your loved one is obtaining the right level of care within a realistic budget. Are you thinking that having a plan to pay for your loved one’s care will help you sleep better at night? Contact the team at Advocare today and breath a sigh of relief that we’re in your court.
Life Care Planning
How Can I Pay for Senior Care?
One of the most stressful parts about planning ahead for senior care is worrying how you are going to pay for it. While some have the luxury of paying privately, most rely on government programs like Medicaid, VA benefits or social security, in addition to Medicare and long term care insurance. To help you understand all your options, the team at Advocare does a complete financial assessment to better understand your situation. It’s important to note that situations change, so it’s crucial to develop a plan with change in mind. Our goal is to avoid a financial crisis down the road so your loved one continues to receive the best possible care. As elder life care planning professionals, we work collaboratively with you and your advisors to develop a plan maximizing government programs and filling in the missing pieces as economically as possible. You can trust our team at Advocare to help you lay out a plan for optimal care within a realistic budget.
Qualifying for Medicaid and other Benefits
Medicaid can be complex, and Medicaid benefits vary from state to state as guidelines and programs are not uniform. Our team at Advocare frequently receive calls from panicked family members worried about whether or not their aging relatives qualify for senior care through Medicaid or other programs. There are very specific guidelines to qualify for Medicaid so if you are unsure, a consultation with our Life Care Planning team at Advocare should be a top priority. We will work closely with your financial and legal advisors to maximize your care options including both private pay and government resources such as Medicare, Medicaid and other entitlements.