The 10 Best Home Care Agencies for Seniors in Haverhill, MA 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 Haverhill, MA, residents and their loved ones rate In Home Care agencies 4.8 out of 5 stars across the 42 options below.

Due to Haverhill’s proximity to Massachusetts’ capital city of Boston, both locations share the same average home care cost of $6,292 per month, according to the 2021 Genworth Cost of Care Survey. Home care costs in Haverhill are $381 higher than the state average and $1,335 higher than the national average. Prices in the western part of Massachusetts are lower in Springfield and Pittsfield, as well as in the central city of Worcester. Seniors can expect to pay the highest rates in the far southeast corner of the state in Barnstable.

Nonmedical home care services in Haverhill cost slightly more than home health care, which provides light medical services and therapies. Seniors can expect to pay $527 more per month for assisted living and $6,863 more for nursing home care, which is more than double the price of in-home care. A more affordable option is adult day health care, which is $4,678 less than home care. However, these programs require seniors to travel to their community for assistance and recreational activities.

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.