The cost of home care in Maryland can be a significant financial burden for families. According to the Genworth Cost of Care Survey, the average cost of homemaker services in Maryland is $4,506 per month, while the average cost of home health aide services is $$4,594 per month. This was assuming approximately 40 hours of service every week. Unsurprisingly, these costs are expected to continue to increase in the coming years.
|Home Health Aide Services||$4,594||$5,171|
As the table shows, the cost of home care services in Maryland is expected to increase by an average of 20% by 2025. This can be a significant financial burden for families struggling to manage the cost of care for their loved ones.
Strategies for Managing the Cost of Home Care in Maryland
There are several strategies that families can use to manage the cost of home care in Maryland. These include:
- Long-term care insurance: Long-term care insurance can help cover the cost of home care services. This type of insurance is designed to provide coverage for seniors’ care needs as they age, including home care services.
- Medicaid: Medicaid is a government-funded program that can help cover the cost of home care services for low-income seniors. Learn more about Radiant Health Services – Medicaid Waiver Services
- Veterans benefits: Veterans and their families may be eligible for benefits that can help cover the cost of home care services.
- Private Pay: Families can pay for home care services out of pocket. Private Pay can be a good option for families with financial resources, such as significant savings, home equity, or retirement.
Resources for Managing the Cost of Home Care in Maryland
Several resources are available to help families manage the cost of home care in Maryland. These include:
- The Maryland Department of Aging: The Maryland Department of Aging can provide information and assistance on programs and services that can help cover the cost of home care services. You can get more information by visiting Maryland Access Point
- The Maryland Medicaid Waiver: The Maryland Medicaid Waiver is a program that can help cover the cost of home care services for low-income seniors.
- The Maryland Veterans Affairs: Veterans Affairs can provide information and assistance on benefits and programs that can help cover the cost of home care services for veterans and their families. See if you qualify for the Veterans Affairs Homemaker and Home Health Aide Care
- Capital Home Care Agency: Capital Home Care Agency offers private pay options and can work with families to create a customized care plan that fits within their budget.
The Benefits of Home Care for Seniors During the Transition to Home
Home care can provide a valuable support system for seniors during the transition to home. Home care providers can assist with activities of daily living, such as bathing, dressing, and medication management. This can help ease the physical and emotional challenges of the transition to home. Additionally, home care providers can help seniors with other aspects of their care, such as rehabilitation exercises and monitoring their health conditions.
Navigating the Cost of Maryland Home Care with Radiant Health Services
The cost of home care in Maryland can be a significant financial burden for families. Radiant Health Services take several steps to reduce the cost of home care for our clients including:
- Implementing a time tracking system for our caregivers, ensuring that families only pay for the actual time that care is being provided.
- Working closely with families to create customized care plans that fit within their budget
- Providing transparency and honesty by only offering the services that are truly needed.
If you or a loved one needs home care services and wants to find out if Radiant Health Services is the right choice, contact us today to learn more about how we can help.
- National Institute on Aging. (2019). Returning Home from the Hospital. Retrieved from https://www.nia.nih.gov/health/returning-home-hospital
- National Institute on Aging. (2017). Caregiver Health. Retrieved from https://www.nia.nih.gov/health/caregiver-health
- National Institute on Aging. (2019). Home Safety Checklist. Retrieved from https://www.nia.nih.gov/health/home-safety-checklist