Home care lowers health costs
Home health care is cheaper than in-patient care. Much cheaper.
“For care that would cost you $1,000 in the hospital, $250 will get you the same services in your home,´ said Chris McNay, of Front Range Home Care in Loveland. “That includes using all kinds of equipment, EKGs and so on.”
Chuck Layman, a Prudential insurance agent who specializes in insuring the elderly, compares home health care to nursing-home care.
“Home health gives the same care for 50 to 75 cents on the dollar of care in a nursing home,” Layman said. “Skilled [nursing] care nine to 10 hours a day at home is still cheaper than care in a nursing home.”
In part, this is because home overhead is lower than hospital or nursing-home overhead. Competitive bidding on the part of home health-care agencies for exclusive contracts with insurance providers also helps keep costs low.
Home health care is cheaper than in-patient care. Much cheaper.
“For care that would cost you $1,000 in the hospital, $250 will get you the same services in your home,´ said Chris McNay, of Front Range Home Care in Loveland. “That includes using all kinds of equipment, EKGs and so on.”
Chuck Layman, a Prudential insurance agent who specializes in insuring the elderly, compares home health care to nursing-home care.
“Home health gives the same care for 50 to 75 cents on the dollar of care in a nursing home,” Layman said. “Skilled [nursing] care nine to 10 hours a…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
SPONSORED CONTENT
Exploring & expressing grief
Support groups and events, as well as creative therapies and professional counseling, are all ways in which Pathways supports individuals dealing with grief and loss.
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!