Senior Care: 3 Things to Know About in 2019
Senior Care in 2019 is a fast-paced, growing industry expanding to meet the needs of the aging Baby Boomer generation. In fact, elder care revenue in the United States is projected to reach $388 billion in 2021. This industry is constantly adapting to meet the unique needs of aging seniors who want to maintain a healthy, active, independent lifestyle.
To know how to best care for your senior loved one, you need to know the steps to take to find the right senior care services. Here are three steps you should take in 2019 to find the best senior care for your loved one.
Step 1: Identify the Services Available to Meet Seniors’ Needs
The senior care industry is constantly changing. To make sure you’re finding the right care for your loved one, you need to evaluate their needs and then match those needs to the available services in the market. Here are some common senior care services for you to consider:
- Services designed to maintain an independent lifestyle:
- Meal preparation
- Personal care services to maintain health and happiness:
- Getting in and out of bed
- Additional services designed to meet the unique needs of each and every senior:
- Medication reminders
- Pet Services
Do any of these services align with what your loved one needs? Maybe they still have a level of independence, but just need a little assistance here and there. Every senior has different needs.
That’s why it’s essential to identify exactly where your loved one needs help before you take the next step.
Step 2: Evaluate the Pros and Cons of All Senior Care Options
Where a senior receives care is just as important as the types of services provided. Whether they’re at home or in a care community is a major decision for your family. Weigh the pros and cons of each major care option listed below:
Assisted Living Community
These communities are ideal for seniors who may need some assistance, but still have a level of independence and are willing to move from their home.
- Pros: These are semi-independent living communities that also have the added benefit of around-the-clock staff presence. This senior care option also provides an added sense of community for residents thanks to the close proximity with other senior residents.
- Cons: Unfortunately, this senior care option comes with high monthly costs. The national average is about $4,000 per month. While costs do include a resident’s room, food, and care, this is still much higher than some families’ budgets.
Nursing homes are the senior care option that provides the greatest amount of care. These homes are for seniors that need 24/7 care and assistance.
- Pros: Because these communities offer the greatest amount of care for residents, you can trust that your loved one will be closely monitored. As seniors’ health care needs increase, nursing homes are often the best choice.
- Cons: Nursing home provide the highest levels of medical, which means these residences can often resemble a hospital environment more than a senior community. For seniors looking for a home-like environment, a nursing home may not be the best option.
With in-home care, seniors can stay in their own homes while receiving visits from trained caregivers. These caregivers can assist with daily tasks or other medical-related tasks.You can schedule as many visits as you need per week, and for whatever length of time you need.
- Pros: In-home care is the perfect blend of care and independent living in the comfort of a senior’s own home. They don’t have to move into a senior community to receive the care they require to live a safe and healthy life.
- Cons: Many seniors living alone struggle with loneliness. While seniors can interact with their caregivers (and companionship is a common in-home care task), they don’t receive the level of constant companionship and interaction they would otherwise receive in a senior community.
Each of these senior care options holds positive benefits and potential drawbacks for seniors. It’s important to think carefully about which living situation could be the best fit for your loved one.
Step 3: Understand the Full Costs of Your Senior Care Services
Ultimately, many of your senior care decisions may come down to budget. It’s important to find an option that you are comfortable with, both from a care and cost perspective. As we mentioned above, some senior care options can come at a high price. However, to really get an accurate picture of how much senior care services might cost your family, there are a few factors to consider.
Duration of Care
How long will your senior loved one need care services? Some seniors only need care for a short period of time as they recover from injury, illness, or surgery. Other seniors may be struggling with chronic health challenges, which could require long-term care.
Location of Care
The choice for your loved one to live in their own home and pay for on-demand services or move into a live-in facility has a huge impact on cost. Like we said above, in 2018, the monthly cost for an assisted living community was $4,000 per month. In contrast, the monthly cost for living in a nursing home was ranged from $7,441 for a semi-private room to $8,365 for a private room. The cost for pay-by-the-minute in-home care was about $29 per hour.
Level of Care
What level of care does your loved one need? Do they need constant medical monitoring provided by a nursing home, moderate help offered in an assisted living community, or the independence of living alone, while receiving in-home care?
Each of these factors can greatly impact the cost of senior care. However, when you consider your options carefully, you should be able to pick the option that is best for your loved one, both from a health and cost perspective. The goal is to provide seniors with the right care, at the right time, in the right environment. With a service like CaringOnDemand, family members can get the peace of mind that their senior parent or loved one is receiving the care and attention they need, when they need it in the comfort of their own home or at a senior care facility.
What level of care does your senior loved one need? Take the Home Care Quiz now to find out.