Is it time to move to facility-based care?

Most of us would like to live in our own homes for the rest of our lives. The decision to move into an independent- or assisted-living facility is a tough one for elders and families. There are many things to consider when making this decision.

Primarily, a family must determine what level of supervision an elder needs to live safely and securely. The costs associated with that level of supervision will help determine a course of action.

Most believe that in-home care is less expensive than facility-based care. That is generally true until the number of hours of supervision required becomes significant. If family members are providing most of the supervision and supplementing their schedule with outside caregivers, the cost can be very manageable. However, when the majority of hours must be filled by outside caregivers, performing a simple cost comparison is important, particularly if assets and resources are limited. (more…)

Leave a Comment May 15, 2012