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Long Term Care vs. In-Home Care – What’s Better For Your Loved One

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Living alone becomes challenging as you age. From illnesses and ailments to physical limitations that hinder your everyday lives – it becomes difficult to go by living your life normally without jeopardizing your health and safety. Hence, for more reasons than one, having support from family and loved ones becomes a must. 

However, naturally, your family or any responsible loved one carries their own set of responsibilities. Juggling between job and family, not everyone has the physical or mental space and capabilities to look after and support the elderly. So for such people, there are nursing homes and long-term care facilities. 

In fact, according to the US Department of Health and Human Services, the future of long-term care is quite significant. Estimated by the ongoing growth of the elderly population, by 2050, the number of elderly care services in any setting like long-term care, assisted facilities, and nursing homes will double from 15 million to 30 million. 

Hence, the situation begs us to differentiate between the two options that are there for reliable elderly care. Which one is better and can provide optimum support for the elderly? Let’s find out! 

Pros & Cons of In-Home Care 

First things first, let’s take a look at the pros and cons of in-home care for the elderly as people usually think of this as their first and only option to provide optimum elderly care for their loved ones. However, it is not always the best option for everyone. 

Benefits of In-Home Care 

Drawbacks of In-Home Care 

Pros & Cons of Long Term Care 

Now let’s take a look at the pros and cons of long-term care. This option usually doesn’t come up as a practical solution until the idea of in-home care fails. Although it has its own set of drawbacks, long-term care might still suffice as a better option for the best elderly care. 

Benefits of Long Term Care 

Drawbacks of Long Term Care 

Bottom Line 

Now that you have weighed your options for reliable elderly care, we hope that you will find making an educated decision easier for your elderly loved one. Still unsure of the right thing to do?  

Let iWill Advisors help you out. At iWill Advisors, we offer an unbiased comparison of all your elderly insurance options. We specialize in educating Medicare beneficiaries on every available option to ensure you make the right choice for your needs. 

For more information, call us at (954) 753-8080 today! 

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