
30/07/2025
š° Financial Tips for Covering Elderly Care
Caring for a loved one shouldnāt be stressfulāand that includes financially. Here are some helpful ways to manage the cost of elderly care:
1ļøā£ Understand Whatās Covered ā Medicare typically doesnāt cover non-medical home care. Look into Medicaid or VA benefits if eligible.
2ļøā£ Long-Term Care Insurance ā If your loved one has a policy, check what services are covered and how to apply.
3ļøā£ State Programs & Waivers ā Many states offer home- and community-based service waivers. Georgia has several options worth exploring.
4ļøā£ Tax Deductions ā You may qualify for caregiver-related tax breaks or dependent care credits.
5ļøā£ Family Contributions ā Consider a shared family approach to manage costs fairly and responsibly.
6ļøā£ Talk to the Agency ā Some agencies (like Sunshine Quality Care) offer flexible care plans or payment options to fit your budget.
⨠Donāt hesitate to reach outāour team can help guide you to resources and customize care to fit your needs.