There are many housing options for seniors, from living independently at home or in a retirement community to those who opt for a bit more help at an assisted living facility. Board and care homes and nursing homes are two other options that often are more budget-friendly for those living on a fixed income. Facilities for seniors are becoming more and more common as the huge generation of Baby Boomers enters their 60s and 70s. Here are a few eldercare facts about which you might be unaware.
The Baby Boom began around 1945 and those Americans are swiftly approaching 70, and currently about 13% of all Americans are older than 65. As the Baby Boomers age, this percentage will be significantly higher. These seniors will have to pay an average of $15,000 each year to cover their medical expenses.
In addition to medical expenses, housing expenses can be quite high. It generally costs more than $3,000 a month to live in an assisted living facility, and while this facility cost usually includes many activities and amenities as well as all of your meals, housekeeping and help with some personal care tasks, the cost has to be covered completely with your own money. Medicaid, Medicare and other government assistance options cannot be used to supplement these costs.
About 4% of Americans that are older than 65 live in a nursing home or a similar facility. For some, it's about needing a high level of daily medical care or assistance and for others, it's a budgetary matter. It costs about $6,000 per month to live in a nursing home, but nursing home costs often are covered by Medicaid and other benefits, so those on a fixed income might find that this is their best option for housing. While about 1.5 million people in the United States live in these homes, it's generally not one's first choice for their senior years and more a matter of necessity. Some facilities do try diligently to make their facility a more comfortable and interesting place for residents.
Another option that allows a person to stay in their home and still have some level of care is hiring an in-home worker. Currently, about 40 million Americans are actually providing this service for their parent, which can be a difficult burden, particularly if you have to work and also care for a parent and raise your children all at the same time. While the industry of in-home care is booming, salaries for these workers are quite low, usually less than $22,000 per year. This creates high turnaround rates and often the caregivers are not high in quality. Still, there are about 1.3 million people taking these jobs, and hundreds of thousands more caregivers are needed.
Finding an eldercare option can be a daunting task, but there are companies out there that specialize in matching seniors to an assisted living community, skilled nursing facility or other type of eldercare option that suits their unique needs. They will take into consideration your care needs, medical needs and budget and create a list of places that match this criteria. From there, you can visit these facilities and choose the one at which you will be the most comfortable.
The Baby Boom began around 1945 and those Americans are swiftly approaching 70, and currently about 13% of all Americans are older than 65. As the Baby Boomers age, this percentage will be significantly higher. These seniors will have to pay an average of $15,000 each year to cover their medical expenses.
In addition to medical expenses, housing expenses can be quite high. It generally costs more than $3,000 a month to live in an assisted living facility, and while this facility cost usually includes many activities and amenities as well as all of your meals, housekeeping and help with some personal care tasks, the cost has to be covered completely with your own money. Medicaid, Medicare and other government assistance options cannot be used to supplement these costs.
About 4% of Americans that are older than 65 live in a nursing home or a similar facility. For some, it's about needing a high level of daily medical care or assistance and for others, it's a budgetary matter. It costs about $6,000 per month to live in a nursing home, but nursing home costs often are covered by Medicaid and other benefits, so those on a fixed income might find that this is their best option for housing. While about 1.5 million people in the United States live in these homes, it's generally not one's first choice for their senior years and more a matter of necessity. Some facilities do try diligently to make their facility a more comfortable and interesting place for residents.
Another option that allows a person to stay in their home and still have some level of care is hiring an in-home worker. Currently, about 40 million Americans are actually providing this service for their parent, which can be a difficult burden, particularly if you have to work and also care for a parent and raise your children all at the same time. While the industry of in-home care is booming, salaries for these workers are quite low, usually less than $22,000 per year. This creates high turnaround rates and often the caregivers are not high in quality. Still, there are about 1.3 million people taking these jobs, and hundreds of thousands more caregivers are needed.
Finding an eldercare option can be a daunting task, but there are companies out there that specialize in matching seniors to an assisted living community, skilled nursing facility or other type of eldercare option that suits their unique needs. They will take into consideration your care needs, medical needs and budget and create a list of places that match this criteria. From there, you can visit these facilities and choose the one at which you will be the most comfortable.
About the Author:
Agatha Lebouef loves reading home health care blogs. For additional information about assisted living facilities in San Marcos or for expert help searching board and care Dana Point homes for your loved ones, please check out the CarePlacement.com website today.
Tidak ada komentar:
Posting Komentar