The care they deserve
and the means
to provide it
to provide it
Long-term care financing
You’d like to offer care.
But the costs associated with it can be intimidating.
First of all, you should know that assistance is available and that the amount you’ll need to invest in long-term care will vary according to the type of services that are required and the specific needs of the person receiving them.
Aligning needs and budget
Long-term care for an elderly loved one comes in many shapes and sizes, including the following:
- A few hours a week of personal care or companionship provided by an in-home caregiver
- Full-time home care
- Specialized nursing care in a retirement home
The above situations are all very different, so they should be treated as such. The services can be billed by the hour or by the week, depending on the individual care plan.
Understanding needs and devising an appropriate plan
An Elite Comfort specialist will meet with you to prepare a care plan that will satisfy your needs while keeping to your budget.
Contact our nearest office directly for a full listing of available products and services, as well as the applicable rates in your region. Each one of our offices is independently managed.
Paying for services yourself or getting financing
Don’t worry. If necessary, you can find alternative solutions to help defray the costs of home care, and we’re here to help.
Your local Elite Comfort office will help you determine your eligibility for financing through your individual or group insurance coverage and, if necessary, will contact a representative of a government home care program in your area.
Taking advantage of all available sources of home care financing will ensure that your loved ones receive all the care they need.
The significant financial impact on family caregivers
The cost of professional home care may seem higher than it actually is. We often forget about the true value of the time invested by a family caregiver.
The time and attention are merited, but they represent a generous sacrifice.
When you’re a caregiver, here are just a few of the things involved:
- Receiving phone calls day and night
- Coordinating transportation to and from appointments
- Doing the grocery shopping and running errands
- Cleaning the premises
- Paying the bills
- Providing companionship and support
- Performing other duties, as needed
All of this on top of managing your own home, your family and your job.
Have you had to cut back your work schedule or turn down a promotion so you could have enough time and energy to devote to a loved one?
These decisions have an immediate, long-lasting impact on your finances. Taking everything into consideration, maybe it’s time to re-examine the costs of the professional home care we can offer you. By comparing your losses with the cost of using the services of a qualified, insured home care agency, you’ll see that hiring a professional makes a lot of sense.
You’ll still be in charge. Doing business with a reputable home care agency means maintaining full knowledge, understanding and control over the care of your loved one without having to perform the day-to-day duties involved in providing that care.
Long-term care insurance can help seniors pay for their long-term care without losing their life savings.
Under certain circumstances, tax relief is available for our clients and their loved ones at their maximum tax rate. You could benefit from a tax break of up to 30 percent of the cost of our nursing care or other type of service. It’s also possible to claim this relief in the form of a tax credit so you can benefit from it right away through lower withholdings on your weekly or monthly wages.
We’re here for you
You want to take care of your loved ones. You want to make sure they’re safe and happy and that they’re enjoying the best possible quality of life. However, you can’t be everywhere at once without neglecting your own health and well-being.
So get the kind of structured, compassionate, professional assistance that will meet everyone’s needs and see how our different programs can help make it a reality. Everyone will be better off.
