The world of senior care is vast and often a bit confusing. With so many terms and concepts, it's easy to feel overwhelmed. This glossary is here to help, breaking down some of the most common terms in continuing care.
Adult Day Care
- Centers that provide professional care and companionship to older adults in need of supervision. They offer various programs, services, and activities, foster socialization, and provide a needed break for caregivers.
Aging in Place
- Aging in place is the intentional choice to grow old in one's current residence safely, independently, and comfortably, rather than move to a senior facility.
- A residential community designed for seniors who require some assistance with daily tasks but still value their independence. This is a popular choice for those exploring nursing home alternatives.
- A comprehensive approach to managing healthcare, ensuring that all aspects, from doctor's visits to medications, are seamlessly integrated. For those who prioritize safe and secure home care, this is essential.
- Someone who provides care to another individual. A caregiver can be of any age, provide any amount of care and support, and be paid or unpaid.
- Companion care is a type of home care in which someone provides emotional and non-medical support to another individual. Typical tasks could include laundry, simple housekeeping, grocery shopping, meal preparation, and socialization.
Continuing Care at Home (CCaH)
- A membership program that provides the same type of life care services and offerings as a Continuing Care Retirement Community for those who prefer to continue living in their own homes. Members pay a one-time entrance fee and a monthly fee and receive a range of services intended to help them stay healthy and independent at home as they age. Examples of such services include care coordination, transportation, food preparation, personal care services, and more. CCaH is also often synonymous with continuing care without walls or Life Plan at Home.
Continuing Care Retirement Community (CCRC)
- A residential community that offers a range of housing, services, and health care options, from independent living to assisted living to skilled nursing care, all in one location. This is a comprehensive solution for those seeking life care.
Daily Coverage Limit
- The amount of daily financial coverage provided by a plan if someone is in need of assistance with daily activities or other long-term care needs. If the daily coverage limit is exceeded, the member will need to pay the additional amount out of pocket.
- Senior communities designed for those who can manage their daily lives independently but appreciate the conveniences and social opportunities of community living.
Life Care Community
- This is synonymous with the Life Plan at Home (LPaH) program offered by Evergold. It is a comprehensive, lifelong membership that provides continuing care at home and focuses on three core components: Wellness Management, Care Coordination, and Financial Coverage.
- A lifestyle protection program that aims to keep people healthy and independent in their homes as they get older. It consists of three main components:
▪ Wellness Management to help keep you healthy.
▪ Care Coordination if health issues ever arise.
▪ Financial Coverage to pay for care and protect your assets.
Long-Term Care Insurance
- An insurance policy that helps cover the costs of long-term care services, such as senior home care, assisted living, and skilled nursing.
- A government program that provides health care coverage to individuals with low incomes and disabilities.
- A national health insurance program for people in the United States who are 65 years or older, or who have specific conditions and disabilities.
- A one-time fee that members pay when they join the Evergold Life Plan at Home program. By paying this fee, members lock in a lifetime daily benefit that will cover their future care needs.
- A type of senior living facility that caters to seniors with Alzheimers or other forms of dementia.
- Offers primary caregivers a break from caregiving. Respite care can occur in any setting - a home or a senior living facility - and can be performed by a friend, a family member, a volunteer, or a paid caregiver.
Senior Home Care
- Professional assistance and support provided to seniors to help them continue to live at home safely and comfortably.
- A high level of medical care that must be provided by trained individuals, such as registered nurses or therapists. This care can be received in various settings, including in a home, hospital, or specialized facility.
- A dedicated professional assigned to each member of the Evergold Life Plan at Home program. The Wellness Manager's role is to help members optimize their health through personalized plans, proactive check-ins, and annual safety assessments.
Understanding is the first step to making informed decisions. With this glossary in hand, older adults and their families can navigate the world of continuing care and financial coverage with confidence, ensuring the best possible care journey.
Are you thinking about your next move? Learn more about Evergold’s Life Plan at Home and get started today.