The 10 Best Home Care Agencies for Seniors in Holly Hill, FL for 2024

Caring.com offers a free service to help families find senior care and authentic reviews to help you in your decision. On average in Holly Hill, FL, residents and their loved ones rate In Home Care agencies across the 17 options below.

The Genworth Cost of Care Survey reports that in Holly Hill, home care agencies charge $4,576 monthly, making this city a comparatively affordable option for care. Local rates come in about $200 below the state norm and $400 below the national average. While rates in Homosassa Springs are lower at $4,273 per month, most other nearby cities have higher monthly costs. In Palm Bay, rates exceed Holly Hill’s norm by about $200, and in Sebastian, rates are even higher at $5,100. In The Villages, care costs are significantly higher than in Holly Hill at $5,720.

Home care agencies in Holly Hill charge $4,576 per month for nonmedical services. Home health care, which includes skilled nursing, has the same monthly average, though some agencies charge higher hourly rates for specialized care. Nursing home care is considerably costlier at $8,213, but seniors may save about $600 monthly by moving into an assisted living facility rather than arranging home care. For those seeking more economically priced care, adult day health care costs $1,625.

Given the high cost of in-home care, many people use one or more forms of financial assistance to cover the expenses. Below, we explain some of the most common sources of financial help to pay for in-home care. If none of these options are available to you, you can reach out to your Area Agency on Aging or Aging and Disability Resource Center to learn about local resources.

• Long-Term Care Insurance: Long-Term Care Insurance covers expenses related to senior care, including in-home care. Depending on the policy type, beneficiaries may receive a cash payment to use towards long-term care or reimbursement for qualifying long-term care expenses. Note that there are limitations, typically a maximum benefit of $150 per day, and exact coverage terms vary depending on the exact policy, so always check the details.
• Medicare: Medicare does not cover in-home care because it is classified as custodial or nonmedical care. However, some Medicare Advantage and Medicare Supplement plans, which offer expanded benefits, may cover in-home custodial care.
• Medicaid: Medicaid coverage of in-home care varies between different states because it is not a federally mandated benefit. Currently, all states cover some in-home care services either through their standard Medicaid or a waiver program. The specific coverage rules are set individually by each state.
• Veterans' Benefits: The Aid and Attendance benefit is a monthly cash payment that beneficiaries can use to pay for senior care, including in-home care services. To qualify for A&A, Veterans must already receive the VA pension and meet several additional requirements, including needing assistance with activities of daily living. Contact the Department of Veterans Affairs to learn more.
• Reverse Mortgages: Home Equity Conversion Mortgages (HECMs) are federally insured loans that are available to homeowners age 62 and over. Reverse mortgages allow you to access a tax-free portion of your home's equity in cash. Many seniors use reverse mortgages to finance their care expenses, including in-home care. Note that although there are no monthly payments due on reverse mortgage loans, borrowers have to repay the loan once the last surviving homeowner passes away, moves, or sells the home.