What's the difference?

Considering relocating your loved one to a nursing home or an assisted living facility is one possibility. Yet, the significant costs involved might cause hesitation. Genworth reports that the median monthly expense for a nursing home ranges from $8,000 to $9,500. 

Harmony Hearts Homecare addresses these financial concerns by developing customized plans that focus on both needs and budgets. We help you stay within your budget and avoid paying for unnecessary services by allowing you to schedule the frequency of care needed. 

Medical Insurance: While many health and medical insurance policies do not include coverage for in-home personal care services, it's advisable to verify with the medical insurance provider of the senior to see if there is any available coverage. Although Medicare generally does not cover home care expenses, Medicaid does offer coverage in certain states. Additionally, some Medicare Advantage plans might also provide specific benefits. 

Long-Term Care Insurance: Certain seniors might be covered by long-term care insurance policies, which are distinct from standard health insurance. These policies are specifically designed to cover long-term care expenses and are typically acquired through an insurance agency.

Private Pay:  The majority of Harmony Hearts clients cover their expenses through private pay, utilizing their personal finances. Typically, these funds come from sources such as Individual Retirement Accounts (IRA), pensions, Social Security benefits, 401(k) plans, or other forms of savings. 

We are happy to create a tailored plan and a schedule that fits your budget.