PRIVATE PAY
The majority of families pay for home care services using personal funds. This may include a variety of sources provided by seniors and their family members.
The most common methods of accessing personal funds include:
- Retirement income, such as money from a 401(k) plan or pension
- Personal savings
- Stock income
- Reverse Mortgage
- HELOC
- Income from renting your home
- Proceeds from selling a home or personal items
The most common methods of using personal funds include:
- Cash
- Debit Card
- Credit Card
- ACH Transfer
- Mobile Apps, such as Venmo or Zelle