LONG TERM CARE
Financial Aid & Care Resources for Long Term Senior Care
Page Reviewed / Updated – November 19, 2019
On this website, we maintain eligibility and benefits information for over 300 programs which help pay for or reduce the cost of caring for an elderly loved one. Browse the program links below or search for programs using our Resource Locator Search Tool.
Today in the US, nearly all money spent on home care, assisted living and nursing home care comes from one of the following four sources.
- Government Programs – Medicaid, Veterans’ Benefits and Social Security
- Insurance Coverage – Life, Long Term Care, Medicare and other Health Insurance
- Private Assistance – Non-Profits, Foundations and Pharmaceutical Companies
- Personal Property – A Family’s Resources, Private Loans and Home Equity
Within these four categories, there are many hundreds of options. Some provide assistance, financial and otherwise, for any purpose and others are specifically designed to help with certain types of care such as home care or assisted living or for specific conditions such as Alzheimer’s or Parkinson’s.
https://www.payingforseniorcare.com/longtermcare/resources.htm
The Cost of Senior Living and Care in Philadelphia
The cost of senior care in Philadelphia is more expensive than the state median in every category, according to the 2018 Genworth Cost of Care Survey. Assisted living care is particularly expensive in the City of Brotherly Love, costing $1,589 more per month than the state average. Other types of care range from $260 – $760 more in Philadelphia than Pennsylvania averages.
Home health services cost almost $400 more than the Pennsylvania median of $4,195. Adult day care costs $260 more, and few areas are more expensive than Philadelphia. Seniors in the area should expect to pay $10,372 per month — $760 more than the state median and nearly $3,000 higher than the national median of $7,441.