The 5 Best Home Care Agencies for Seniors in Phillipsburg, 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 Phillipsburg, OH, residents and their loved ones rate In Home Care agencies across the 9 options below.

Phillipsburg is part of the Dayton metropolitan area, so it shares the same care costs. Seniors living in this area typically pay an average of $5,434 per month for home care. This number is higher than the statewide median and national averages, both of which are $4,957 per month. It’s also higher than many other cities in Ohio. Rates in Lima are consistent with the state average and even lower in Springfield. At $5,148, Cincinnati is also less expensive. However, Phillipsburg is a more affordable option than Columbus, where assisted living costs an average of $5,625 per month.

While in-home care and home health services are ideal for individuals who wish to age in their own homes, Phillipsburg seniors may wish to explore additional care options. For those comfortable with moving to a senior living community, assisted living is less expensive than home care at an average rate of $4,250 per month. Seniors who require enhanced levels of supervision and skilled nursing care may benefit from the services offered at a nursing home, where rates average $8,091 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.