Limited retirement funds could get strained by medical costs even if you are covered by Medicare. Since finding affordable healthcare can be a challenge for most seniors, we have compiled a list of a few options that are worth considering to ease the financial strain.
Community and Faith-Based Resources
Many community centers and religious institutions offer help to seniors in need through a network of volunteers. This help could include assistance with transportation for medical appointments, financial assistance, or help in preparing healthy meals.
Paid Caregivers
Paid caregivers can offer a higher level of assistance than relatives and friends while still allowing you to continue living at home. These caregivers work on a schedule according to your weekly requirements and also include certified nursing assistants who can assist with medical conditions.
Informal Caregivers
If you don’t require round the clock professional care but still need help with daily living activities, you could consider assistance from close friends or family members.
Veteran’s Benefits
Veterans in need can take advantage of the benefits available to them under the Aid & Attendance and Housebound programs. These programs typically provide financial aid to cover the expenses of healthcare and the associated costs of disabilities.
Adult Daycare
Much like conventional daycare, these centers allow family members to continue to work while providing elderly family members constant care. Adult daycare centers offer facilities that include constant monitoring of seniors and access to activities to keep them occupied and engaged all day.
Adult Family Care
These residential care facilities are typically operated by paid staff who assist a small group of seniors with daily needs, transportation, and medical care. Cheaper than a nursing home or assisted living facility, these centers generally cater to up to five residents in a home-like facility.
Speak with An Elder Law Attorney
Attorneys who specialize in elder law can help you better understand the legalities of various medical and veteran administration rules. For a small fee, they could assist you to drastically reduce your medical bills, take advantage of benefits available, and help you save money in the long run.
While you can’t control growing old, planning affordable options for healthcare can increase the quality of life in your elder years.