According to Genworth, every day until 2030, more than 10,000 Baby Boomers will turn 65. And 7 out of 10 people will need long-term care in their lifetime. These figures mean that many adults, seniors, and elderly people in Vermont will need to make critical decisions about their long-term care. And for most people, one of the biggest decisions is choosing between in-home care or nursing home care. Doing this means answering some questions. First, what is the cost of in-home care? How does the cost of in-home care for elderly people or the cost of at home hospice care compare to nursing home care? Is there more to consider than the cost of an in-home caregiver?
The Cost of In-Home Care Vs. Nursing Home Care
First, let’s consider cost. While the costs of providers vary, Genworth, which provides care insurance, produces an annual survey of care costs. Searchable by state, this survey provides a reliable average for elder care in Vermont. According to Genworth, the average cost in Vermont of semi-private care in a nursing home is about $9475 per month. The same survey shows that in-home care with homemaker services or a home health aide would cost $5148 per month — more than $4300 per month less. Clearly, in-home care services offer a big advantage in terms of cost. But that isn’t the only reason to seriously consider in-home support services.
The Personal Value of In-Home Care Services
When it comes to making decisions about long-term care, it’s also important to consider that value can be measured in terms other than dollars and cents. For many adults, seniors, and elderly people, moving away from home means stress, worry, and difficulty making a home in new surroundings. In-home care services, in contrast, allow people to remain in the homes where they have lived their lives, places with familiar comforts and memories that are simply irreplaceable. And that’s why, in the end, so many seniors choose in-home care whenever possible.
When Considering Long-Term Care, Talk to an Expert
Lower costs and a feeling of comfort are just two of many considerations for people who will need long-term care services. Before making a decision, it’s best to talk to an expert like Hands At Home Care Services. We’ll be happy to provide you with the information you need to make the best decision for your current and future situation. And we can discuss a range of coverage options, from daily or weekly care to the cost of a live-in caregiver. Just give us a call today!
