Spending Time Together

Why Home Care? Lower Costs, Higher Efficiency

If you’ve been exploring options for new means of care for your loved one, you’ve probably realized that institutional care comes with a hefty price tag. According to recent data provided by John Hancock Financial, the average annual cost of care in the United States for a private room in a nursing home is $85,775. A semi-private room will cost $75,555. To compare, a full 40-hour week of care provided by a home health care company averages $37,440 annually. (However, it is rare that an average home care client would require that many hours of care in one week.) In fact, eight hours or less per day of home care will ultimately be less expensive than care in a facility. Part-time, non-medical home care costs roughly one-third of that paid for nursing home care.

Because home care is personalized to fit each individual’s needs, it is more efficient than other means of elder care.

As more adult children live far away from their aging parents, technology has made remote caregiving possible, enabling over 6 million Americans to care for loved ones from afar. Advances in technology have brought us gadgets such as automatic sensors, smart pillboxes, and remote monitoring systems that share health data with family or a medical professional. In rural areas, home care is the only form of healthcare available to older adults.

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