An Easy Way to Understanding Home Care Payment Options
When you think of home care services, two questions almost immediately pop out. How much it cost and how can I afford it? Everybody asks the same questions; though most home care services cost vary widely in its range of offers and depends mostly on what you need. Purple Spring Home Caregivers, Inc. services understand you and are offering affordable services with payment options you can choose from to make everything easier for you and your loved ones. Here are the payment options that we accept:
Private Pay – Most families have pension and retirement plans which they rely on in times of need, and for payment. Funds from these plans can be used to help take care of your family.
Long – Term Care Insurance – Insurance policies offer long term investment plans to be ready to cover the costs of home personal care services like bathing, dressing, meal preparation and general housekeeping activities. We, at Purple Spring, help you determine your insurance options and find out if you qualify for long term insurance coverage.
Veterans’ Home Care Benefits – This is intended to provide financial support and assistance to service men and women for their non-medical in-home companionship care services, and this may be obtained through the Veterans Pensions Benefit Program. We can help you determine and verify if you qualify for these benefits.
Converting a Life Insurance Policy – In policies like these, there are options called life settlements. It allows policy holders to sell their life insurance policies for its present value, which allow policy holders to sell their life insurance policies to a third party and use the money received to pay for long-term care. You may be able to use that to pay for home care services. In case you are wondering if you can use your prior life settlements, contact Purple Spring Caregivers and we will be more than happy to help you.