In general, Medicare does not pay for in home senior living or at-home care for the elderly. However, it only pays for medically necessary treatment. This can be an eye-opening for some households just beginning to investigate how they will pay for senior care in the future. There are a lot of options for senior communities and in home care services. They are becoming more popular due to their effectiveness. Learn more about NYC senior care.
For example, there are long-term care retirement communities which allow for the transfer of assets and savings to help defray the costs of a senior care community. The long-term care retirement community, or LTC, usually pays for all costs, including the cost of a nurse for each adult serviced. The surviving spouse may be able to visit the LTC and receive assistance with managing his or her financial situation, but the surviving spouse is still responsible for maintaining the home.
In addition to LTC and in home care, there is also home health aide, or SM as it is sometimes called. With a skilled nursing home, the family member or persons who are receiving care may stay in a home or facility that is under the care and control of a licensed and trained nurse. Some communities also have a network of care management professionals who assist the families in exercising their choice of skilled nursing homes. As with senior care, once the surviving spouse has moved out, the family must make the choice of continuing with the services of the SM or selling the home.