The 10 Best Home Care Agencies for Seniors in South Elgin, IL 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 South Elgin, IL, residents and their loved ones rate In Home Care agencies 3.5 out of 5 stars across the 28 options below.

Home care in South Elgin costs $5,672 per month, which is around $330 more than the state average of $5,339 and $700 more than the national average of $4,957. South Elgin’s home care costs rank on the high end compared to other Illinois cities.  Its residents pay around $50 more per month than residents in the Michigan City area and in Rockford. Costs in Kankakee, about an hour south of Chicago, are less than in South Elgin by more than $500.

Comparing the costs of different senior care options in South Elgin, home care is about $50 less per month than home health care and about $850 more than an assisted living facility. At only $1,842 per month on average, adult day health care is the cheapest home care option for seniors in South Elgin. The costliest option is a nursing home, where a semiprivate room averages $6,996 per month.

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 for paying 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 non-medical, 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 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 the 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 portion of your home’s equity in cash, tax free. 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 do have to repay the loan once the last surviving homeowner passes away, moves, or sells the home.