Posts Tagged ‘senior finances’
Trusted Provider of Senior Care in Delaware County, Neighborly Home Care, offers a Quick FAQ about Senior Care Costs
For anyone considering senior care in Delaware County, undoubtedly one of the biggest concerns is the possible cost of care. Neighborly Home Care would like to present a quick guide to answer the most common questions people have about these costs.
The senior care question “how will I be cared for when I’m old?“is one that weighs on nearly everyone’s mind at some point, particularly as they move past their 50s and into their 60s. The question becomes especially worrisome to many if they have a chance of significant physical or mental disability in their future.
At Neighborly Home Care, we have noticed a lot of concern among those providing elderly care in Bryn Mawr regarding the proposed changes to Medicare Part B, and whether it would have any effect on them.
You have many things to consider when providing senior home care; you want your loved one to have the best care and treatment possible, and ultimately be safe. Unfortunately, oftentimes threats to their well-being can come unseen by family via the telephone.
Scams and other shady schemes have been on the rise for decades, to the point there is now an entire black-market industry based around separating seniors from their nest eggs. In recent years, it is estimated that billions of dollars per year are stolen from them through phone scams. If you are providing senior home care or just looking out for an elderly loved one, educate them on how to avoid being taken advantage of.
Undoubtedly, one of the biggest concerns facing any family with elderly relatives in need of care is the money issue: Whether it is in the senior’s home or in the home of a family member, elderly care can often place significant financial burdens on a family.