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Home Care vs Nursing Home

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With social security not providing as much as hoped and knowing that two-thirds of seniors will become physically, or mentally incapacitated at some point in their lifetime, it’s important to review your Senior Care Options. Nursing Homes are facilities that offer a high degree of medical support and care, and generally serve those seniors who require the most help in performing activities of daily living (ADLs). However, they are also very expensive at nearly $100,000 per year. With Home Care, a family can rely on a home care company to understand the needs of the senior, develop a plan of care, and pro-actively monitor their health and day-to-day needs.

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Home Care vs Nursing Home

  1. 1. HOME CARE vs. NURSING HOMES
  2. 2. 9 MILLION AMERICANS An estimated over 65 required long-term care in 2012. THAT NUMBER IS EXPECTED TO RISE TO 12 MILLION IN 2020. AMERICA'S GETTING OLDER AND INCREASINGLY NEEDS HELP.
  3. 3. in two or more aspects of their daily life or becoming cognitively impaired. 68% OF THOSE 64 OR OLDER, THERE IS A 68% CHANCE THEY WILL BECOME DISABLED
  4. 4. HERE ARE THE SENIOR CARE OPTIONS PEOPLE COMMONLY CONSIDER. 25.5% are 85 years and older 57.7% are 75 years and older AGE HOME CARE Of those who used home-care services... 43.3% are 85 years and older 70.2% are 75 years and older AGENURSING HOMES Of those in nursing homes...
  5. 5. COMMON THINGS PEOPLE NEED HELP WITH bathing dressing toileting eating
  6. 6. PERCENTAGE OF USERS OF LONG-TERM SERVICES NEEDING ASSISTANCE WITH DAILY LIVING ACTIVITIES: 95.1% 83.8% 64.6% 51.2% 96.1% 90.9% 86.6% 56% BATHING DRESSING TOILETING EATING BATHING DRESSING TOILETING EATING HOME HEALTH AGENCY NURSING HOME
  7. 7. NURSING HOMES CAN OFTEN TIMES BE EXPENSIVE, AND UNDERSTAFFED 90% OF NURSING HOMES ARE UNDERSTAFFED. Some reports claim that split among various staff levels. On average, nursing home residents RECEIVE 3.83 HOURS OF DIRECT CARE PER DAY 90%
  8. 8. ANNUAL COST COMPARISON (Assuming 44 hours per week of care) NURSING HOME (in Manhattan) $164,250 HOME HEALTH AIDE $48,000
  9. 9. HOME CARE BENEFITS STAY IN THEIR OWN HOME. Allows patrons to and cheaper than nursing homes. COST EFFECTIVE allows for familiarity and a lower incidence of accidents. PERSONAL ATTENTION $
  10. 10. SOURCES: http://www.aaltci.org/long-term-care-insurance/learning-center/probability-long-term-care.php http://news.morningstar.com/articlenet/article.aspx?id=564139 https://www.genworth.com/corporate/about-genworth/industry-expertise/cost-of-care.html https://caregiver.org/selected-long-term-care-statistics http://www.cdc.gov/nchs/data/nsltcp/long_term_care_services_2013.pdf http://www.ameriglide.com/advantages-disadvantages-nursing-homes.htm CLICK HERE TO VIEW THE FULL INFOGRAPHIC:

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