Home Care Costs and Comparisons

home care costs and comparisons calgaryMaking health care decisions for our loved ones will be based on a number of factors, including health care needs, preferences, and the cost of the options available.

An RBC survey recently found that 91% of seniors preferred to stay in their home and live independently for as long as possible. Luckily, there are several options that will keep your loved ones in the comfort of their own homes.

 

Cost Overview of Home Care Services:

Publicly funded home care is, unfortunately, not available to Canadians on a universal basis. Therefore, private care is a widely chosen option among the aging population.

When it comes to receiving private home care services, a senior will have some additional help and support. While this isn’t required, having a family member or friend involved in the care of a loved one can drastically reduce the costs involved.

Research shows that 26% of Canadians cared for a loved one with a serious health problem, and those family caregivers provided 80% of their care at home, supplementing the government-funded service. Studies also show that the average family caregiver spends 20 hours per week caring for their loved ones over a period of 4 years; while one quarter of caregivers spends 40 hours/week. Based on many reports, at approximately 20 hours of combined help per week, family caregivers become overwhelmed with the care, and require help. A good private care agency should be able to work around subsidized hours and family schedules to fill in the holes left by family caregivers.

The average client of Retire-At-Home spends approximately $1500-$2000 per month. While some clients spend as little as $80 per month for minimal aid, others opt for 24/7 support during crises and/or palliative situations.

Because our services do not come with a contract, our caregivers can be there as little or as much as you need, so that you can maximize the service provided while minimizing the costs.

Cost Overview of Institutional Care:

To help make the right decision, it is important to understand the costs and additional requirements associated with each option

For those that choose other options, such as a retirement home or nursing home, there are many options to choose from. Here is a breakdown of Independent Living, Assisted Living, and Long-term Care costs in Calgary (costs may vary and change).

Independent Living – Not government regulated, clients pay themselves
  • Range $2500 – $5000
  • $500 – $1500 for additional person
  • Meals are available but usually for an additional cost
  • No personal care is provided
  • 24-hr on-call for emergencies
  • Social activities often available
  • Housekeeping often available
Retirement Home (Assisted Living) – Not government regulated, clients pay themselves
  • Range $2500 – $5000
  • $500 – $1000 for additional person
  • Includes all meals, housekeeping, laundry
  • Personal support and assistance with activities of daily living, meds are available for purchase
  • 24-hr on-call for emergencies
  • Social activities often available
Long Term Care (Nursing Home) – Government regulated, client pays the accommodation cost
  • Require government assessment to determine eligibility
  • Range $1500 – $2300
  • Average ratio of 12:1 patients to caregivers, with 24-hour support
  • Includes all meals, room cleaning, laundry services
  • Thousands of people on waiting lists, often waiting a 2-3 years.

Example of Cost Comparison between Retire-At-Home and a Retirement Home:

  • If a Senior needs 3 hours per day of Personal Care, help with meals, and medication reminders.
  • Average Price of Retirement Home in Calgary = $4000 per month (for one person).
  • Cost of hourly care = $32/hour.
Option1 – Retirement Home:
  • Senior moves to Retirement Home on 1-year contract
  • Assume 1 hour per day of Personal Care included, 2 hours per day are charged
  • Meals included
  • = $4000 + (2 hours x 30 days x $32/hour)
  • = $4000 + $1920
  • = $5920
Option2 – Retire-At-Home:
  • Client hires Retire-At-Home, remains in their own home, no contracts
  • Grocery bill for one person = $300/month
  • Utilities = $400/month
  • Emergency Response System installed = $40/month
  • = 3 hours x 30 days x $32/hour + $300 + $400 + $40
  • = $3620

Contact us today for a Free Nurse Assessment or if you would like to find out more information about the home care options for you or a loved one.