Tag Archives: Genworth

Tips for Finding Care for Elderly Individuals

As we grow older, we go through many changes both physically and mentally. Some elderly individuals will have trouble performing every day tasks, like preparing their own meals or dressing themselves, while others will retain more independence. There are cases where aging loved ones who are still mobile and alert may need occasional assistance and care. The type of care that an individual receives will depend on their specific care needs and their family’s budget.

The cost of healthcare in the US, and more specifically in Texas, California, and Florida has been steadily increasing over the years. More and more families are struggling to afford nursing home care or assisted living facility care for their aging relatives.

According to Genworth’s 2016 Cost of Care Survey, the average cost of private nursing home care in the US is now $92,345 per year (or $235 per day). Just eight years ago that average was $67,527 per year. Though some geriatric patients may prefer the live-in nursing home option, the prohibitively high cost makes it impossible for many families to afford this option. Hence, many families are now opting to hire a private, qualified in-home caregiver or nurse to take care of their parents or loved ones in the comfort of their own home.

Some individuals worry that the lower price of an in-home caregiver means inferior quality care, but this is not necessarily the case. Many caregivers and nurses choose to work independently in order to maximize their income and to be able to control their schedule. While many caregivers are very capable and trustworthy, to be sure you are hiring a quality caregiver any person looking for in home care should follow these steps:

  • Use a trusted resource to find your caregiver or nurse. If you are hiring a caregiver for a parent or friend there are many online resources available that make this process easier than what was capable in the past.
  • Look for caregivers with recommendations or reviews from other patients. This will give you an idea of how well they got on with other geriatric individuals.
  • Only interview caregivers whose qualifications meet your or your parents’ needs. If your parent suffers from respiratory problems, look for a caregiver who is also a respiratory therapist.
  • Be thorough in your interview. This caregiver is someone you want to build a meaningful and positive relationship with, so make sure you get to know them and feel comfortable with them.
  • Get a certified background check and verify their references. This is an essential step in ensuring your parents’ safety and reducing your own stress.

There are a number of caregivers and skilled nurses available to provide in-home elderly care for you or your loved ones. If you are looking for a trusted resource to help you find professional caregivers and nurses, check out websites such as WellBeyondCare.com to find elderly care professionals in your area.

Well Beyond Care provides the tools that help you plan care and allow your loved ones to safely age in place. It is the only company that teaches families and individuals how to find and manage affordable non-medical in-home care, while solving the chronic problems of caregiver truancy and turnover. Our platform combines the power of the internet with the personal touch of nurses to offer families a pathway to transitional care, allowing our elderly parents to safely age-in-place. This solution lowers stress in hiring a caregiver and saves families tens of thousands of dollars per year in care costs. Its online system combines the best in Caregiver matching (searching, screening, ratings & hiring) with all the back-office functions (time worked, payroll, scheduling, and notifications) to ensure safe, reliable, dependable, affordable care is obtained. It is the only company that gives each Careseeker access to their own local, personal nurse to help guide them through the hiring process. The Careseeker’s nurse provides advice on healthcare options and aids with transitional care.

Nursing Home Costs On The Rise Means More Jobs for In-Home Caregivers

Over the past eight years and despite the recession in 2008, the cost of nursing home care has increased by nearly 37%. According to Genworth’s 2016 Cost of Care Survey, the average cost of private nursing home care in the US is now $92,345 per year (or $235 per day). Just eight years ago that average was $67,527 per year. With such high costs, it is no wonder that more and more seniors and family members who are looking for care for their aging loved ones are now turning to in-home care as a better alternative.

This increased demand for in-home care means more job opportunities for private pay Caregivers, registered nurses, geriatric care managers and certified nurse assistants. According to the US Department of Labor, home care provider jobs are growing faster than in any other industry sector. This is good news for Caregivers and those who need care alike. With the demand so high and the increase use of the internet, more and more Caregivers are striking out on their own and setting their own rates, which are actually lower than that of going through a traditional private pay or private duty agency.  While rates for in-home Caregivers are increasing, because they are no longer burdened with the overheard of a private duty agency, they are actually much more affordable for elderly clients and their families. The difficulty is that until now, there were no good online tools for Caregivers to use to help them connect with those looking for care, and help them with the matching, interviewing, scheduling, and payment of care.

The Genworth Survey also found that 78% of seniors prefer in-home care to nursing home care. Leaving their home and moving to an unfamiliar place can be quite stressful for elderly patients, who would rather be able to stay in their home where they are comfortable. Many seniors also like to retain some independence, which is easier to do living in their own residence assisted by a Caregiver rather than in a nursing home.

In the past, one of the deciding factors for moving into a nursing home rather than opting to hire an in-home Caregiver has been the difficulty of seeking out private Caregivers. Today, online resources that match Caregivers and Careseekers make the process easy and streamlined. Sites like WellBeyondCare.com not only offer a sophisticated matching and search function, but also include cool features like Caregiver ratings and online care plans; and detailed profile views so that Careseekers can assess a Caregiver prior to interviewing, and can determine the most qualified and better suited to help them with their specific care needs. In addition, the company has a sophisticated matching capability to help further aide in getting the perfect Caregiver. Another feature only offered by Well Beyond Care is when a creates a profile on line, they get a nurse navigator who is in the care recipient’s town to help with local resources.

By disintermediating the costs associated by hiring a private duty company, Careseekers and their families are better able to keep their costs low. For the Caregiver, the ability to set your own pay rate lets them control their income. For in-home care providers, online tools are a great way to access the many available caregiving jobs in their area, and they offer those looking for care an easy way to manage their care either from home or remotely.