Additional Payment Options for Home Care Services
Covering the Cost of In-Home Care
At Griswold, it is our mission to make sure those who need home care services always have access to them. Financial status should not dictate the level of care you or your loved one receive – or whether or not you or they get care at all. That’s why we offer a variety of ways to pay for non-medical home care services. Check out some of our options below and then reach out to us if you have any questions regarding payment methods.
For families who have non-liquid assets and can convert them to help cover the cost of home care expenses, we have several options available. Home equity lines of credit, reverse mortgages, and a partnership with Wellahead.
Wellahead partners with leading home care companies to offer unbiased, tailored recommendations and white-glove consultation to families, free of charge. Wellahead's proprietary platform compares 100+ different home equity based options - sale leaseback, home equity investment, direct sale and others so clients can easily understand their options to determine the best solution to meet their needs.
To keep seniors who qualify for Medicaid out of nursing homes and living comfortably at home, there are state-specific initiatives and programs that will help cover the cost of in-home care, as long as that care can be provided at a cost that would be less than a nursing home.
*Not available in all locations. Please call your local Griswold office to see if this option is offered.