The 5 Best Home Care Agencies for Seniors in Terre Haute, IN 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 Terre Haute, IN, residents and their loved ones rate In Home Care agencies across the 7 options below.

Home care in Terre Haute is more affordable than in most other comparable cities in the United States. On average, home care in Terre Haute costs $3,623 per month, while the same type of care costs $5,053 per month in Indianapolis and $5,173 per month in Bloomington. Home care in Terre Haute is also significantly cheaper than the state average of $4,767 and the national average of $4,957 per month.

Home-based care is the most affordable senior care option in Terre Haute, with seniors paying $3,623 for When it comes to senior care, there are many options available. In Terre Haute, home care and home health care cost the same at $3,623 per month. Home care covers in-home support such as light housekeeping and mobility, while home health care includes light medical services performed by a licensed medical worker. The next most affordable option is assisted living at $4,948 per month. If there is a need for more intensive care, nursing home care (semiprivate room) costs $6,692 per month on average. Ultimately, the best care option will depend on specific needs and budget.

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.