Senior Care Crisis in the News. The TLCSR model of Chronic Care a potential solution. The nursing home news article “gold coast nursing home residents
Costs of Senior Care
We are comparably priced with other private pay costs of senior care choices, but much more cost effective, offer far more service, saftey, monitoring, quality & continuity of care when compared to Assisted Living, In-Home Care, Adult Day Care & Nursing Home settings.
|CARE SETTING||COST||THINGS TO CONSIDER|
| PCA AGENCY |
Person comes to your home
| $25/hr for 4 hrs a day = $100/day or $3000/ mo |
Monthly rate for 8hrs/day = $6000/ mo.
Monthly rate for 24/hrs/day = $18000/mo
| The cost Rises as care needs increase |
Lacks coordination of care
Transportation not provided
Med reminders only
| ASSISTED LIVING |
| $4000/mo. to $9000/mo. |
RATES RISE as needs & level of care increase**
| As care needs increase, price increases |
Administrator on site to manage 50-100 residents
(Likely NOT MD or RN)
Low staffing, 2-3 staff per 50-100 residents
| RES CARE HOME |
| $3,000 to $6,000 mo |
Residential Care Homes of "Group Homes",
In general, are a better value
| Vary Widely in cost, quality of care, amenities, |
management & staff.
Offer a good valyue if you find one with consistent
staff & hands on management
Often more personalized & family like
| NURSING HOME |
Skilled Nursing Facility
| $300/day or $9000/mo |
Skilled Nursing Home (SNF) is PRIVATE PAY!
Only after you spend all of your estate
you may qualify for MEDICAID which pays for LTC SNF.
| MEDICARE/insurance does NOT pay for |
Long Term Nursing Home Care.
Medicare only pays for Short Term Rehab
Beds used for Long Term Care are decreasing
Senior Care Option
| $4500/mo. to $6000/mo |
Inclusive Fixed billing
Not A La Cart
*Rates NOT expected to rise as needs increase*
| Geriatric MD & RN owned and managed |
Great Value-Fixed-Inclusive rates for
better quality care & coordination
Focus on long-term relationship building
High staff ratio, low staff turnover
Broadly trained staff by MD & RN
| *Of all the care settings listed PCA is the most expensive, least flexible and the most likely to have the prices rise to $18,000/mo. or |
more when 24/hr care is needed
Disclaimer: These are general estimates. Each option and facility will have their own prices and be staffed with different individuals. These are
intended as a guide to help people see the wide range of choices to be bettere informed when making decisions about senior care options.