The 10 Best Home Care Agencies for Seniors in Fort Lee, NJ for 2025

Home care costs in Fort Lee average $4,957 per month, according to Genworth Financial’s 2020 Cost of Care Survey. This is $476 higher than the U.S. median of $4,481 but on par with the statewide average. Costs in Fort Lee are similar to the rates paid in nearby cities. Up the Hudson River in Poughkeepsie, New York, the average cost is identical at $4,957. Costs in Trenton and Atlantic City are slightly less expensive at $4,910 and $4,767 per month, respectively. 

Other available senior care options in Fort Lee are more and less affordable than home care’s average cost of $4,957. Home health care costs the same, although it costs more in other locations because it also includes limited medical services provided by registered nurses or therapists. Adult day health care is the least expensive option at $1,950 per month. Nursing homes offer the highest level of care outside a hospital setting at an average cost of $11,771. Assisted living is more expensive than home care at an average rate of $5,991 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.