Options to Pay for Home Care

The below resources provide valuable information on ways to help afford the cost of care at home. From veteran’s benefits to reverse mortgages and ideas on accessing private funds, whether you have an immediate care need or are planning ahead for long term care, Independence-4-Seniors in DuPage County can help. Contact us today to learn about our in-home care services.

Downloadable Tools and Tips:

Click the links to view or right click to print or save to your computer.

Web Resources:

Click the links below to access resource Web sites to find out more about exercise for seniors.

Benefits Check Up
The National Council on Aging’s BenefitsCheckUp allows users to search more than 1,800 public and private benefits programs in the US to find benefits programs for which they may qualify.

Long-Term Care Insurance
ConsumerReports.org offers expert advice, recommendations and other useful information and resources pertaining to long-term care insurance.

Reverse Mortgage Calculator
AARP offers an easy-to-use calculator that will generate approximate estimates for two federally-insured reverse mortgages.

Veterans Pension Program
The Department of Veterans Affairs provides information and answers to some frequently asked questions concerning the Veterans Pension Program.

Caring for Your Parents: Paying for Home Care
PBS offers an informative Web site for those caring for aging parents which details the challenges of paying for home care services.

Viatical and Life Settlement Information
One way to get some extra money to pay for care is to sell life insurance policies prior to death. Called viatical or life settlements, these are essentially the same vehicle. A viatical settlement is the sale of a life insurance policy by the policy owner before the policy matures.

A life settlement generally refers to the sale of a life insurance policy by a policy owner for less than the face value but more than the cash-surrender value of the policy to third party investors. Read more here.

Here is a New York Times article by David Leonhardt explaining the strategy behind viatical settlements.

Boomer Tips for Parent Care
The demographics of our aging society coupled with the increased longevity of those currently older than 80 means that more boomers will be responsible, in part, for assisting with care for parents. Here are some tips for approaching that scenario.


Enhancing Life at Home One Day at a Time.


Important Resources for Seniors

Something to Talk About

Quotes from our ClientsJean and Reggie were outstanding and treated my dad with respect, compassion, kindness and affection. My dad was always taken care of - covered 24/7. You eased some of the stresses that accompany an illness like my dad's - I never worried if he was comfortable and treated well.

- Elizabeth S.

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  • Alzheimer's Association
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