With decades of experience in home care payments, the Mastercare network is well-equipped to assist you. Your local Mastercare office is ready to help you explore the various options available to cover the cost of the care you or your elderly loved one deserves.
Get personalized home care solutions that fit your unique needs and financial situation with our local Mastercare franchise office. Schedule a complimentary in-home consultation with an office near you to discuss your family’s specific requirements and budget.
Aging in place is a common desire among many aging adults, and it’s essential to have a plan in place to make it possible. One crucial aspect of this plan is funding home care, which can be achieved through various options. Here are some of the most common funding options available:
– Medicare: Medicare covers some home health care services, such as skilled nursing care, physical therapy, and speech therapy, under certain conditions. However, it may not cover non-medical home care services like personal care or homemaker services.
– Medicaid: Medicaid is a government program that provides financial assistance for low-income individuals who need long-term care. It covers a range of services, including personal care, home health care, and adult day care.
– Private Insurance: Some private insurance policies, such as long-term care insurance, offer coverage for home care services. These policies typically require a premium payment and may have deductibles and copays.
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