Aging in place often requires making safety repairs and renovations to the home, which enhances quality of life and reduces the risk of minor accidents and severe injuries. Paying for these modifications may be difficult for seniors, which is why they need to look at all financial options. Below are some home repair assistance options for seniors to consider.
Very Low-Income Housing Repair Program
Federal grants are available to qualified seniors who need to make adjustments to their homes. One of the most common federal grants for seniors is the Very Low-Income Housing Repair program. If your elderly loved one resides in a participating area and has a low income, he or she should apply for the federal grant. Seniors generally need to be at least 62 years old to apply for the program. The amount of the award varies from year to year, but it’s typically around $7,500. To learn more about the Very Low-Income Housing Repair program, seniors should contact the United States Department of Agriculture and speak with someone in the Rural Development office.
Seniors who have insurance policies for long-term care may be able to get home repairs under this type of coverage, allowing them to continue to live at home with support from family and professional caregivers. Aging in place can present a few unique challenges for older adults. Some only require part-time assistance with exercise or meal preparation, while others are living with serious illnesses and benefit more significantly from receiving live-in care. Clearwater, FL, Home Care Assistance are leaders in the elderly in-home care industry for good reason. We tailor our care plans based on each senior’s individual needs, our caregivers continue to receive updated training in senior care as new developments arise, and we also offer comprehensive care for seniors with Alzheimer’s, dementia, and Parkinson’s.
Medicare is a federal government health insurance plan that covers many of the costs associated with aging adults’ healthcare needs. While Medicare doesn’t pay for major repairs and renovations, your loved one could be eligible for medical equipment coverage that makes daily life a little easier. For instance, if your loved one’s primary care physician determines your loved one needs a hospital bed placed inside the home, the doctor may prescribe this type of durable medical equipment. Some of the other equipment options Medicare might cover include wheelchairs, bathroom and shower benches, and walkers. Seniors who don’t qualify for Medicare should check with their insurance providers to see what safety equipment or modifications they’re eligible for. Another option is applying for Medicaid.
An in-home caregiver can offer you peace of mind by providing an additional level of safety for your loved one. Many older adults are choosing to age in place, and some need a helping hand to continue living at home safely and comfortably. Luckily, there is professional Home Care Clearwater seniors can trust and rely on.
Repairing homes and making communities safer are the objectives of this national nonprofit organization. The program offers home repairs that could make it easier for seniors to age in place safely and independently. Seniors are encouraged to apply for the Rebuilding Together program to receive financial assistance for repairing things such as:
• Window and doors
• Heating, lighting, and ventilation systems
• Stairs and hallways
• Exterior pathways
Seniors should exhaust all grant options before applying for loans. However, if your parent’s safety is in jeopardy and he or she cannot get the money from grants or family and friends, it might be a good idea to apply for a low-income loan. The federal government offers these types of loans based on individual financial need as well as the kind of repairs needed. Although paying back the debt may be challenging for seniors, there are low-income loans available that don’t charge high interest rates and offer affordable repayment plans. Your loved one can speak with his or her healthcare caseworker, medical provider, or banking institution to determine how to apply for low-income loans.
Home repair is just one activity that becomes more difficult to manage in the golden years. Aging adults who require assistance with the tasks of daily living can benefit from reliable at-home care. Clearwater, FL, families trust Home Care Assistance to provide the high-quality care their elderly loved ones need and deserve. Our caregivers are trained to help seniors prevent and manage serious illnesses and encourage them to make healthier decisions as they age. We will work with you to create a customized home care plan that’s suited for your loved one’s unique needs. Call the Home Care Assistance team at (727) 330-7862 today.