In-home care can be funded through several combined sources, rarely just one.
Common funding sources
- Private pay from savings or income
- Long-term care insurance, if you have a policy
- Veteran's Aid & Attendance benefit, if eligible
- Medicaid, once assets are sufficiently spent down, in states offering home and community-based waivers
A geriatric care manager can help identify which combination of these applies to your specific situation.
This article is general information, not financial or legal advice. Rules, costs, and program details vary and change over time — confirm current specifics with a licensed financial advisor or elder law attorney before making a decision.