Paying for Care
Estimate All Potential Costs through Care Planning
Many factors can influence your monthly costs - at any age. With our deep experience across all areas of senior care, Riverside team members can help you estimate what services you may need now and how to plan for any medical care you may need down the road. We understand the costs associated with every type of senior living and we can help find the right fit for your needs.
It is critical to have conversations about care today and possible care tomorrow – so you don’t have any surprises when paying for care. Financial assessments and care planning should include a range of topics such as long-term care insurance, immediate support services and progressive care levels when needed. Other considerations may include:
- Caregiver support services
- Healthcare costs such as medications and disease management
- Home costs such as taxes and insurance
- Living costs such as food, utilities and housing
- Non-medical home care
- Preventive medicine costs for improved wellness
- Safety modifications such as grab bars and non-slip floors
Financial Considerations of Healthcare Needs
When reviewing potential healthcare costs, consider disease management and potential healthcare needs based on current health and tomorrow’s health. Think about the family history of diseases and medical conditions that may run in families, such as cancer, cardiovascular disease, arthritis, diabetes or dementia. Keep up to date on changes with Medicare and any supplements to your healthcare coverage. Also, make sure you are knowledgeable about medication costs and discounts that may be available to seniors.
Protect Yourself Against Future Costs of Care
If you are active and living independently, you may qualify for ChooseHome Riverside membership. Our financial plans offer predictable fees and assurance that a total package of long-term care services will be available when needed – at a fraction of the cost if you paid for these services separately.
Riverside Care Excellence for Seniors
At Riverside Health System, we provide healthcare excellence every day, including expert medical services or finding support for our residents’ needs. That’s why we can help you navigate the right options for your senior healthcare needs, ensuring care is both quality-based and affordable. We can help you determine the level of care you need – and what works for your budget.