Home Care Funding & Payment Options

There are several options available to help pay for long-term home care and lighten your family's financial burden. Listed below are some creative options to help your loved one remain in their own home.

Long-Term Care Insurance
Long-term care insurance helps cover the cost of senior care at home or in a nursing facility. It helps protect your loved one's assets and can cover much of the cost of home care, depending on the policy terms. Senior Helpers works with most long-term care insurance companies, so be sure to find out if your loved one has a policy.

Reverse Mortgages
If your loved one has equity in their home, they can probably qualify for a reverse mortgage. A reverse mortgage is a loan against your home that you do not have to pay back for as long as you live there. With a reverse mortgage, you can turn the value of your home into cash without having to move or to repay the loan each month. These funds can then be used to pay for home care.

Veterans Administration
The Veterans Administration offers programs that can reimburse veterans for home care based on certain qualification criteria. To learn more about these programs, please visit the Veterans Administration website.

Your Senior Helpers representative can discuss the VA benefit with you in more detail during the initial in-home interview.

Additional State and Local Programs
In many states, there are local and state funded programs that offer limited care for seniors who meet certain criteria. Contact the Senior Helpers office for more information.

Viatical Life Settlements
If your loved one has a life insurance policy, there are companies that offer insurance owners the option to sell their policies in exchange for a lump sum payment that is greater than the cash surrender value.

1311 NW 21st Avenue
Portland, Or 97209

9200 SE Sunnybrook Blvd. Ste. 410
Clackamas, OR 97015

0330 SW Curry St.
Portland, OR 97239

3410 Cherry Ave NE
Salem, OR 97309

Provider Services Branch/CMS Region 10
2201 6th Ave MS-40
Seattle, WA. 98121

11730 NE Glenn Widing Dr.
Portland, OR 97229

500 Summer Street, NE 2nd Floor
Salem, Or 97310-1015