Can Home Care for $5000/Year Be Better Than an ALF for $5000/Month?

Who wouldn’t prefer to pay $5000 for a year’s worth of care vs. $60,000 ($5000/month)? And, over 90% of seniors wish to stay home, so it’s not just a matter of cost savings. But, the question is whether that care can be as good or better? What will $5000/year get you? And, how can you make a little bit of home care go a long way?

What is $5000 of home care vs. $5000 of facility care?

And, imagine if you doubled that budget to $10,000/year, still saving over $40,000/year over the facility cost. For that, you could get almost 10 hours/week of personalized home care services.

For a care facility, $5000 would be an average cost for just one month. This ranges from an average of $3700 for a small Assisted Living apartment (and up, depending on the level of care, room size and amenities) to $7000+ for a nursing facility. Basically, if you need less than 40 hours/week of home care, it is typically less expensive than facility-based care.

Beyond Cost: Comparing Quality of Care and Other Factors

Routine and Familiarity

Space and Environment

Personalized Care and Continuity

See more home care vs. ALF comparisons and statistics.

How to Make a Little Bit of Home Care Go a Long Way

Wondering if home care is right for your loved one? Not sure how much is enough or how to make the best use of a few hours/week? Get a professional assessment.

To help a few hours of personalized home care go further, and ensure the elder’s safety, here are some action steps and resources.

  1. Set up easy resources to address nutrition. With good nutrition, a senior stays stronger and maintains a healthy immune system. This is essential as we all age, but especially vital for those with chronic health conditions or who need special diets. Some resources we recommend: Shipt for grocery delivery and meal services like Dinner Done, Blue Apron or Meals on Wheels.
  2. Check on medication safety. Make sure your loved one has had a recent medication review with their doctor or pharmacist. Our patient advocates recommend a regular review to check interactions, but also to find out if any medications can be eliminated or simplified. The more complex the medication regime, the more chance of dangerous errors. Beyond that, we recommend using a service like Medicine Shoppe, which will manage refills, provide multi-dose packaging and even deliver. Depending on your loved one’s needs, you can also consider personalized medication assistance or set up one of the many technological and app-based medication reminder solutions.

There are so many resources and services (some even free or discounted) to help support elders at home. We wrote about some of those listed above and more in a blog post (these are actually not just for seniors!).

To learn about what’s available to help and evaluate if affordable, personalized home care is right for your loved one, give us a call (727–447–5845 or 813–333–5020) or reach out online. An ounce of prevention now can save you from a crisis and a heavy bill later.