The 5 Best Home Care Agencies for Seniors in Miamisburg, OH 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 Miamisburg, OH, residents and their loved ones rate In Home Care agencies 5.0 out of 5 stars across the 6 options below.

In Miamisburg and the surrounding area, home care services cost $5,434 per month on average, which is $477 more than the typical rate in Ohio and across the country. Nearby cities are similarly above the national average. In Cincinnati, just to the south of Miamisburg, monthly home care costs around $200 less than in Miamisburg, and in Columbus, further to the northeast, such services cost about $200 more. Springfield, Ohio, which is about 30 minutes to the northeast of Miamisburg, is the most affordable local option with an average cost per month of $4,385.

Fortunately for Miamisburg seniors, a home health aide, who is able to provide skilled nursing services to elderly patients with specific medical needs, costs about the same per month as nonmedical home care. Another local option is assisted living. At over $1,000 less per month, on average, than home care or home health aides, residence in these facilities is an affordable option for the area — and unlike adult day care, it requires no commute. All residential and community-based options cost less than nursing homes, which start at $8,091.

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.