The 10 Best Home Care Agencies for Seniors in Coralville, IA for 2024

Coralville is a suburb of Iowa City that is ranked as one of the best places to live in Iowa. Summers are mild with average highs of around 85 degrees, and based on the BestPlaces Air Quality Index, the city has above-average air quality. Seniors make up about 11% of the population, which is lower than the national average of 16.5%, and they have access to quality health care from the University of Iowa Health Care Hospital. Seniors who prefer to remain in their homes to receive help with activities of daily living can sign up to receive home care at a cost of $5,053 per month. Home health also provides skilled nursing care but costs the same amount.

Below we’ve compiled a comprehensive directory of every home care provider in the Coralville area – complete with services offe amoued and reviews from families who’ve actually used the service. In addition to our in-depth provider listings, we’ve compiled resources to help seniors and their families to access all the tools they need to age in place safely and gracefully.

The average monthly rate for a home care provider in Coralville is $5,053, according to the Genworth 2020 Cost of Care Survey. The Iowa median is $286 less with a cost of $4,767. The national cost is lower than both with an average of $4,481. Compared to the rest of the state, Coralville is more expensive than most, with Sioux City residents paying $5,005 per month and those in Waterloo paying the same as the state average at $4,767. Des Moines is one of the more expensive cities with seniors paying $95 more than those in Coralville.

Long-term care costs vary widely. The cost of receiving home care and home health care in Coralville cost around the same at $5,053. Seniors who only need assistance during the day pay the least at $1,543 per month. Assisted living communities average $4,106 per month, while a nursing home is the most costly option at $6,859 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.