“Elderly people who require memory care will require one-on-one care and assistance at some future point to deal with physical and possible even emotional requirements. In most cases, this doubles the monthly cost, as the facility has to appoint four care workers - as a regulatory requirement - to provide round-the-clock care.”
Hanekom says that when researching the best care option, you should seek to make fair comparisons.
Ask about the type of care provided and how this specifically relates to your needs; certifications and qualifications of staff and the institution, as well the complement of staff providing that care; and, the facility itself – who owns it and what the terms and conditions involve.
Tax benefits?
“Ask about tax benefits that may be applicable. There are significant tax benefits and deductions for costs relating to the care of the elderly, especially those living with memory impairment. These tax deductions assist by making long-term care more affordable.
“Notably, dementia falls within the definition of a dreaded disease with various insurers so it helps to be aware of claims and benefits that can alleviate the cost of dementia care.”
Hanekom adds that families would be well advised to also enquire about financial alternatives and pricing options, and how the facility can assist in with medical aid motivations and claims.
“Tenure is particularly important aspect to enquire about, considering that your period of use of the facilities could be extensive” Hanekom says.
