Ways To Pay for Elder Care


For many of our seniors, social security retirement won’t be enough to pay for living expenses after they retire. While this might seem frustrating, there are many options to help pay for senior living expenses.

What are my options?

First of all, Idaho is among the least expensive states for senior care, with in-home care averaging $20.75 an hour across the state. While full-time care in a facility averages between $1,870 to $5,520 a month.

Some of those options are:

  • Medicaid – a joint health care program between Idaho and the Federal government. Furthermore, Idaho’s Medicaid state plan covering the cost of nursing home care for low-income, elderly, and disabled persons.
  • HCBS Aged & Disabled Medicaid Waiver – Pays for services and other support mechanisms in one’s home, an adult foster care home, or assisted living to prevent nursing home placement.
  • Personal Care Services Program (PCSP) – This self-directed program provides elderly and disabled residents assistance with basic activities related to living at home.
  • Medicare Medicaid Coordinated Plan (MMCP) – MMCP provides coordination of Medicare and Medicare services for “dual eligibles”, meaning individuals who are recipients of both programs.
  • Long-Term Care Insurance
  • Veterans’ benefits – It may be best to work with a Service Organization, as there are different programs available.
  • Life Care Benefit Plan (or Long Term Care Benefit Plan)

Finding help to pay for Elder Care is never easy; however, the above list can get you started.

Contact us today to see how we can help give you have these conversations with your aging parent.

Note: This is general information; however, it is not professional medical, financial, legal, or tax advice. You should work with a professional to decide what’s best for you and your loved one.

cloudnine staff writer


  1. This is really awesome. You definitely need to get ready when you are sending your elderly family member to a senior facility. You should not only prepare for the price, you also need to make sure that the facility is reputable and is capable of taking care of your elderly family member.

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