How to Pay for Home Care Services in Philadelphia Center City
Flexible Payment Options to Fit Your Needs
We understand that cost is important when searching for in-home care, and we strive to be as affordable as possible. Here are some payment methods that might work for you:
- Private Pay
- Long Term Care Insurance
- Veterans Benefits
- Other Ways to Pay
Private Pay
Make the most of your savings, pensions, and retirement to age in place with Griswold by your side. Social Security benefits, private pensions, savings, home equity, or reverse mortgages are often used to pay for home care. These options are sometimes the most immediate means of covering the expense of in-home care.
Long Term Care Insurance
When planning for your loved one’s care needs, check and see if they have a long-term care insurance policy—and if they’re currently eligible to receive services. Unsure where to start? Contact us today for assistance.
Veterans Benefits
If you or a loved one is a US veteran, you may be eligible to receive financial assistance from the Veteran’s Administration to help cover home care costs. However, taking advantage of the VA benefits you’ve earned can be challenging. If you’re ready to apply, we can provide you with the information and resources you need to get the benefits you deserve. Contact us today for help.
Other Ways to Pay
Asset Conversion
We have several options for families with non-liquid assets and can convert them to help cover the cost of home care expenses. This includes:
- Home equity lines of credit
- Reverse mortgages
- A partnership with Wellahead
Wellahead offers you unbiased, tailored recommendations and white-glove consultations, free of charge. Wellahead’s proprietary platform compares 100+ home equity-based options (like sale leaseback, home equity investment, direct sale and others) so clients can easily understand their options to determine the best solution to meet their needs.
Medicaid programs – Varies by Location
For seniors who qualify for Medicaid, you may be eligible to receive home care services.
Do you have any questions on how to pay for home care? Our team is standing by to help. Contact us today!