{"id":9585,"date":"2016-05-29T08:46:45","date_gmt":"2016-05-29T13:46:45","guid":{"rendered":"https:\/\/www.senioradvisor.com\/blog\/?p=9585"},"modified":"2020-10-13T18:15:18","modified_gmt":"2020-10-13T23:15:18","slug":"how-much-does-alzheimers-care-cost","status":"publish","type":"post","link":"https:\/\/d30braiqprupoq.cloudfront.net\/blog\/2016\/05\/how-much-does-alzheimers-care-cost\/","title":{"rendered":"How Much Does Alzheimer&#8217;s Care Cost?"},"content":{"rendered":"<h1>How Much Does Alzheimer&#8217;s Care Cost?<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-9595\" src=\"https:\/\/s3.us-west-2.amazonaws.com\/img.prod.aplaceformom.com\/main\/uploads\/sa-blog\/2016\/05\/How-MuchDoes-AlzheimersCare-Cost--350x293.jpg\" alt=\"How Much Does Alzheimer's Care Cost?\" width=\"350\" height=\"293\" srcset=\"https:\/\/s3.us-west-2.amazonaws.com\/img.prod.aplaceformom.com\/main\/uploads\/sa-blog\/2016\/05\/How-MuchDoes-AlzheimersCare-Cost--350x293.jpg 350w, https:\/\/s3.us-west-2.amazonaws.com\/img.prod.aplaceformom.com\/main\/uploads\/sa-blog\/2016\/05\/How-MuchDoes-AlzheimersCare-Cost--768x644.jpg 768w, https:\/\/s3.us-west-2.amazonaws.com\/img.prod.aplaceformom.com\/main\/uploads\/sa-blog\/2016\/05\/How-MuchDoes-AlzheimersCare-Cost-.jpg 940w\" sizes=\"(max-width: 350px) 100vw, 350px\" \/><\/h1>\n<p>With nearly <strong><a href=\"https:\/\/www.senioradvisor.com\/blog\/2015\/09\/10-signs-your-loved-one-may-have-alzheimers\/\" target=\"_blank\" rel=\"noopener noreferrer\">44 million seniors<\/a><\/strong> currently suffering from Alzheimer\u2019s and that number only set to grow as the <strong><a href=\"https:\/\/www.senioradvisor.com\/blog\/2016\/02\/silver-tsunami-what-senior-population-growth-means-for-you\/\" target=\"_blank\" rel=\"noopener noreferrer\">senior population increases<\/a><\/strong>, memory care is becoming an increasingly important part of the senior care landscape.<\/p>\n<p>Alzheimer\u2019s brings a unique set of challenges that caregivers must take on and many families seek out facilities that <strong><a href=\"https:\/\/www.senioradvisor.com\/blog\/2015\/09\/signs-a-senior-needs-memory-care\/\" target=\"_blank\" rel=\"noopener noreferrer\">specialize in memory care<\/a><\/strong> to meet those challenges. Like most senior care options, they\u2019re not cheap.<\/p>\n<p>The <strong><a href=\"http:\/\/shriverreport.org\/a-womans-nation-takes-on-alzheimers-overview\/\" target=\"_blank\" rel=\"noopener noreferrer\">Shriver Report found<\/a><\/strong> that the average cost of Alzheimer\u2019s care for each patient is $56,800, and 60% of that falls to the family to cover.<\/p>\n<p>That gives you some idea of the kind of expenses you\u2019ll face if a loved one gets an Alzheimer\u2019s diagnosis, but ultimately a lot depends on the kind of care you choose. Many families try to cover much of the caregiving themselves (which can take a real toll on other parts of life), others move their loved one into a facility with full-time care, and others find in-between options that balance the costs against the time and energy commitment required of family members.<\/p>\n<p>Here\u2019s a rundown of your options in the senior care landscape and the kinds of costs typically associated with each. All the prices listed come from <strong><a href=\"https:\/\/www.genworth.com\/about-us\/industry-expertise\/cost-of-care.html\" target=\"_blank\" rel=\"noopener noreferrer\">Genworth\u2019s 2016 Cost of Care study.<\/a><\/strong><\/p>\n<h2>What Type of Care Is Right for Your Loved One?<\/h2>\n<p>Turning to professionals to care for your loved ones can have many benefits. They\u2019re properly trained in the best techniques to deal with patients and can be more present and alert than a family member trying to balance a full life with full-time care.<\/p>\n<p>You have four options for senior care that each offer different levels of help and thus have different costs associated with them. <\/p>\n<h3>Adult Daycare<\/h3>\n<p>Adult daycare is, just as it sounds, a facility where you can bring your loved one during the day while you work. A staff of trained professionals will help care for them in that time, making sure they have meals, take their medications on time, and perhaps most importantly, get some social interaction during the day.<\/p>\n<p>If loved ones are able to take on the care duties during the evening and on weekends \u2013 in short, during the times when people aren\u2019t typically off at work \u2013 then an adult daycare can help fill in the gaps the rest of the time.<\/p>\n<p>Because adult daycares aren\u2019t in-patient facilities, they\u2019re a far more affordable option than the senior care facilities that provide full-time care.<\/p>\n<p><strong>National Average for Annual Cost of Adult Daycare: $17,680<\/strong><\/p>\n<h3>In-Home Healthcare<\/h3>\n<p>In-home healthcare is like an adult daycare in that it works well as supplementary care for families that are able to care for their loved ones some of the time, but not all day every day. The nice benefit of in-home care is that someone can come directly to the patient\u2019s home. Since 87% of seniors <strong><a href=\"http:\/\/www.aarp.org\/livable-communities\/info-2014\/livable-communities-facts-and-figures.html\" target=\"_blank\" rel=\"noopener noreferrer\">have said they want to age in place<\/a><\/strong>, this option helps make that possible.<\/p>\n<p>Since it\u2019s one-on-one care focused on only your loved one, the costs are higher than an adult daycare facility that services a group of seniors at once.<\/p>\n<p><strong>National Average for Annual Cost of Home Health Care: $45,760<\/strong><\/p>\n<h3>Assisted Living<\/h3>\n<p>Assisted living offers full-time care within a facility a senior can ideally come to see as home. Each facility offers apartments that patients can rent out, social activities throughout the day, meals, and people on staff at all times trained to help residents out with all of the daily tasks of living \u2013 like getting dressed in the morning and taking their medications at the right time.<\/p>\n<p>For families that can\u2019t handle a loved one\u2019s care without more constant help, assisted living facilities can step in and take over, while also providing seniors with a lot of activities and social interactions to keep their lives full.<\/p>\n<p><strong>National Average for Annual Cost of Assisted Living: $43,539<\/strong><\/p>\n<h3>Nursing Home<\/h3>\n<p>Nursing homes also provide full-time care, but with the added benefit of always having a trained healthcare professional on staff. When a senior reaches a point where their healthcare concerns require a level of monitoring that only a trained health professional can provide, then a nursing home becomes the best and safest choice.<\/p>\n<p>Unfortunately, providing a higher level of full-time trained care means higher costs, but some nursing homes take health insurance, Medicare\/Medicaid, or <strong><a href=\"https:\/\/www.senioradvisor.com\/blog\/2015\/10\/is-long-term-care-insurance-worth-it\/\" target=\"_blank\" rel=\"noopener noreferrer\">long-term care insurance<\/a><\/strong> which can help make the costs easier for a family to bear.<\/p>\n<p><strong>\u00a0<\/strong><strong>National Average for Annual Cost of Nursing Homes: $82,125<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>As much as possible, it\u2019s smart for families to try to prepare for the financial realities of a loved one with Alzheimer\u2019s. Look into long-term care insurance and gain some familiarity with the <strong><a href=\"https:\/\/www.senioradvisor.com\/memory-care\" target=\"_blank\" rel=\"noopener noreferrer\">memory care options in your community<\/a>\u00a0<\/strong>and<strong><a href=\"https:\/\/www.senioradvisor.com\/blog\/2019\/03\/performing-a-cost-benefit-analysis-for-senior-care\/\" target=\"_blank\" rel=\"noopener noreferrer\"> consider doing a cost-benefit analysis of senior care<\/a>.<\/strong><\/p>\n<p>There\u2019s not one right answer when it comes to figuring out the best senior care option for a loved one with Alzheimer\u2019s. Only your family and loved one can determine what\u2019s best for you. The right care can make living with Alzheimer\u2019s more manageable for both the patient and their loved ones.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How Much Does Alzheimer&#8217;s Care Cost? With nearly 44 million seniors currently suffering from Alzheimer\u2019s and that number only set to grow as the senior population increases, memory care is becoming an increasingly important part of the senior care landscape. Alzheimer\u2019s brings a unique set of challenges that caregivers must take on and many families seek out facilities that specialize [&hellip;]<\/p>\n","protected":false},"author":2199,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117,6,3,200,27,5,2],"tags":[330,125],"class_list":{"0":"post-9585","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-adult-day-care","7":"category-alzheimers-care","8":"category-assisted-living","9":"category-families-caregivers","10":"category-in-home-care","11":"category-nursing-home","12":"category-senior-living","13":"tag-alzheimers-care-2","14":"tag-dementia-care"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Much Does Alzheimer&#039;s Care Cost? - SeniorAdvisor.com Blog<\/title>\n<meta name=\"description\" content=\"Nearly 44 million people in the US have Alzheimer&#039;s, and families face the challenge of paying for their care. 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