This Is How Much In Home Care Costs

Rohan Mathew

Updated on:

Did you know that close to 18 million Americans provide care for at least one chronically ill, aged, or disabled family member in any given year? Further, 65% of Americans 65-years or older exclusively depend on friends and family to assist with their daily living activities. Providing in home health services for the senior and elderly can be a daunting financial task considering the costs involved.

When a loved one approaches this critical stage of dependence, there’s always that fear of the unknown, especially on how to raise the huge costs that follow. In-home care costs vary depending on a few factors. Even so, most Americans appreciate in-home care, considering the convenience this option brings on board.  

However, very few people know the actual cost of in-home care. In this article, we break down the numbers for you. 

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The National Cost of In-Home Care

The current national annual median cost of in-home care currently stands at $102,000 for a private facility. When considering these costs on a month-to-month basis, you may have to part with at least $4,099 monthly to facilitate quality home care for your loved one.  

When assessing the weekly cost, you may need at least $125 a day for at least 44 hours of care in any given week. 

This cost of in-home care may vary depending on the actual k+ind of services you need. Here are some common options. 

Medical-Based In-home Care 

When assessing the cost of in-home care, you may need to consider the patient’s underlying medical condition. The cost of in-home care nationally may be higher than $4,009 per month if the patient has underlying medical conditions. 

Persons requiring in-home care and who also have chronic or other underlying conditions may need to consider a caregiver who offers professional nursing support. 

With age, a patient may suffer from multiple conditions. These conditions may require constant attention from professional healthcare providers. As such, the cost of providing in-home care also depends on the number of pre-existing conditions. 

Daily-Living Oriented

When a loved one reaches a stage where it becomes impossible to handle daily living activities, you may consider seeking in-home care. A loved one who needs support with all the 12 activities of daily living may need to pay much more than one who only needs assistance with a few ADLs. 

As the needs change, the costs also change. If the current annual price of in-home care nationally is $102,000, you might need to add or subtract the other activities of daily living that your loved one requires. Most times, the in-home costs for daily-living oriented care tend to be lower than medical-based in-home care.  

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In-Home Care Costs Per State 

The National Council for Aging Care updates the cost of in-home care on a routine basis. The agency is in charge of keeping a record of all the Medicare-certified homes and elderly care providers. 

According to the report, North Dakota has the most expensive in-house care provider compared to other states. The state charges at least $27 on average. 

Alaska, Hawaii, Minnesota, and Massachusetts form part of the top four states that charge $25 or more for in-home care. 

On the other end of the spectrum are Louisiana and West Virginia that charge at least $16 on average. With such information, you can plan your budget before approaching your service provider for in-home care.  

Standard Rates for Calculating In-Home Care Costs     

When assessing the cost of in-home care, it’s essential to consider the rates that apply. Your in-home care cost or that of your loved one may be subject to specific metrics of calculations. It’s important to understand these rates when preparing the budget for in-home care. 

Hourly Rates 

When calculating in-home care costs, the hourly rate is the most common measure used. Most in-home care facilities will give you a percentage based on the per-hour care provided. 

Seniors who need round the clock care may require a caregiver every hour of the day. However, you also have seniors who may require just two hours of care in a given day.

The best way to calculate the cost of care in such cases would be to consider the hours dedicated to a single patient per hour in a given day. Most private home care rates vary depending on the number of hours your loved one requires direct care.  

Daily Rates

When looking for in-home care services, one of the questions you need to answer is the extent of care your loved one requires. Patients who need round the clock care may need a daily rate engagement. The only allowance provided in such cases is the number of times the caregiver assigned to the patient takes time off or leave from work.

Sometimes, in-home care costs may vary depending on the cost of living within the specific locality. It would help to consider various options before committing to a given arrangement. However, paying daily rates is advisable if your patient needs as much attention as possible. 

Overnight Rates 

Depending on the extent of care your patient loved one needs, you might decide to consider help only at night. 

Some caregivers will charge a range of $120 and $200 for every 10-12 hours of overnight care they offer.

In-Home Care Is a Convenient Option for You  

Age comes with a fair share of challenges. When your loved one is no longer able to manage most daily living activities, finding caregiving alternatives is imperative. Cost is always the most salient concern in such cases. 

Are you stuck on how to determine the in-home care costs for your aging or sickly loved one? Now you know what influences in-home care prices.

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