Elk Grove Village, Schaumburg (Change Location)

Understanding the Cost of Care for Aging Adults

Senior care should be about meeting individual needs. But we understand that for families of who are considering care options for aging adults, the cost can be a major worry. Selecting the right care is important and you want to ensure it’s the best fit and value for your unique situation.
Home Instead Caregiver pours coffee for senior man sitting at home

Find Care That Enhances the Quality of Life

Evaluating Cost of Care

When evaluating the cost of care, you should weigh the outcomes of care, beyond pricing alone. It’s important to consider the person’s safety, well-being, need for companionship and quality of life. Care is something that should be put in place to, not only to keep the person safe and healthy, but to enhance a person’s enjoyment of life.

Home Instead Caregiver wearing mask brings groceries to the home of an aging adult.

  • Care Plan Personalization
  • Companionship & Engagement
  • Caregiver to Client Ratio
  • Location
  • Control of Budget
  • Safety
  • Scalability
  • Affordability

Tailor-Made Care Plans & Packages

In-home care services can help people at any point within the aging process. But care needs rarely fit neatly into a standard package. We start with the needs of the individual and develop a personalized care package and plan.

Home Instead Caregiver and aging woman talking and smiling at home.

Your Options for Paying for Home Care

Today, you may be able to take advantage of many programs to make personalized in-home care a reality for your family. Contact our office so we can discuss cost and coverage options that best support your needs. Home Instead is here to help you make an informed choice that is right for everyone involved.


Home Instead Caregiver and aging woman talking and smiling at a table.

Family-funded care

Family-funded care simply means the cost of home care services are an out of pocket expense payable by the client or their family members. Home Instead services are not payable by Medicare, Medicaid or traditional Health Insurance.

Veterans (VA) assistance

Veterans may be eligible for in-home care benefits with little to no out of pocket cost the Veteran. Benefits may be available through the Aid & Attendance benefit or the VA Community Care Network based on level of need, income levels and the time in which the Veteran served.

Long-term care insurance

If your loved one purchased a long-term care policy, it may include coverage for in-home care services. Please note, there may be an elimination period in which costs are not covered before the policy takes effect.  During the elimination period, payment for services are the responsibility of the client or their family member. 

Dementia Care Grant through our partnership with HFC

Together HFC® (formerly Hilarity for Charity) and the Home Instead® network award families affected by dementia the gift of rest and support through the Alzheimer’s and Dementia Care Grant program.


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