Planning for long-term care is never easy, but it is often a reality that comes with aging. According to the National Academy of Science, more than 10 million Americans currently need some form of long-term care to remain in their homes. Many rely on community-based services or seek other financial options to pay for the high cost.
No one wants to plan for long-term care, but it is often unavoidable. If a person wants to continue living a somewhat independent lifestyle, then plans must be made, especially if the senior starts to suffer from a chronic illness that requires some form of care from either a caregiver or a family member. Ideally, whatever plans that a senior opts to make should be undertaken well in advance of the need for long-term care. The U.S. Department of Health and Human Services states that at least 70 percent of all seniors over the age of 65 will inevitably need some form of long-term care as they age. Activities of daily independent living that often require long-term care include basic personal tasks such as eating, dressing, using the toilet, bathing, incontinence care, and transferring to the bed, chair, or wheelchair.
Medicaid remains the leading provider of long-term care for seniors. It covers most retirement home care and a variety in-home care services for eligible recipients. Unfortunately, many seniors simply do not meet the eligibility requirements for Medicaid. Ideally, seniors should start planning for the financial reality of long-term care plus explore the community-based services that are available in the area before the need arises.
There are no easy solutions when it comes to planning for future care. Generally, it takes wise investments, insurance, a large bank account, and the assistance of community-based solutions. Without such options, many seniors will be unable to continue living an independent lifestyle in their own homes. They may be forced to move into a retirement home or seek out assisted living facilities.
There is no time like the present to start planning for long-term care and exploring the local community-based options. Waiting until a senior is suffering from a chronic health condition is not ideal. Instead, care plans should be implemented early, so a senior does not have to face last-minute choices when they are not physically or mentally well enough to handle the task. Planning is highly beneficial and helps to secure the most ideal long-term care options.