What Are the Best Bill-Paying Services for Seniors With Alzheimer’s?
Seniors with Alzheimer’s have several options when it comes to bill-paying services. The American Association of Daily Money Managers maintains a directory of reputable money managers who offer services ranging from bill payments to more complex financial management. The association has members located all over the country, and many offer a basic bill payment service package. The National Institute of Health is offering 1 year of free bill-paying services to seniors living with Alzheimer’s or dementia who are willing to provide feedback for a study they’re conducting.
Area Agencies on Aging Connect Seniors With Local Services
SilverBills and Plumb are two national bill payment services that specialize in working with seniors. In addition to these service providers, there are many local money management specialists, and these may be more affordable and may offer more personal service. Seniors can contact their nearest Area Agency on Aging to find a local bill-paying service or an organization that’s willing to assist people who are struggling with their finances.
Medicaid Recipients May Get a Discount From Some Providers
Many bill payment services offer discounts for seniors who are in receipt of Medicaid or who were referred to them by a local nonprofit that works with vulnerable or low-income seniors. Such discounts aren’t guaranteed, but it’s a good idea to inquire because, if offered, they can result in a significant saving over the course of a year.
Seniors can expect to pay between $50 and $100 per month for a service that provides bill payments only. Those who want additional help with taxes, negotiating with creditors or managing other aspects of their finances need a more comprehensive money management service, which charges a higher fee.