How one family saved $250,000 with Caringene’s in-home care
May 28, 2024
When the Harris family in Washington faced the daunting task of finding care for their aging mother, Joan, they were overwhelmed by the high costs and limited flexibility of senior living facilities. After exploring multiple options, they discovered Caringene, a service that not only met their mother’s needs but also saved their family over $250,000 in senior care costs over five years.
The Traditional Route: Senior Living Facilities
Joan’s family initially considered moving her to a senior living facility. Here’s what they found:
Entrance Fees: The most reputable facility they visited required a $200,000 entrance fee, which covered her room but not additional services like transportation or specialized care.
Monthly Costs: The average monthly expense was $6,500, totaling $78,000 annually.
Hidden Charges: Services like medication management, housekeeping, and personal care came with extra fees, adding hundreds of dollars each month.
For Joan’s family, the total projected cost of keeping her in a senior living facility for five years was close to $400,000. This staggering figure made them question if there was a better way.
The Alternative: Caringene’s In-Home Care
Joan’s daughter, Lisa, stumbled across Caringene while searching for affordable in-home care options. Here’s what set Caringene apart:
Affordable Pricing
Caringene’s services started at just $99 per week, a stark contrast to the thousands required by facilities. By tailoring the care plan to Joan’s needs—focusing on personal care, light housekeeping, and occasional transportation—they kept her weekly costs to an average of $250. Over five years, this added up to just $65,000—a savings of over $250,000 compared to a facility.
Personalized, Flexible Care
Unlike facilities that operate on fixed schedules, Caringene provided caregivers who worked around Joan’s preferences:
Mornings started with her favorite breakfast, prepared by her caregiver.
Caregivers accompanied her to weekly bridge club meetings and doctor’s appointments.
Adjustments to her care plan were made seamlessly as her needs evolved.
The Comfort of Home
Joan thrived in her familiar surroundings. Her family noticed she was more engaged and independent, something they feared she would lose in a communal living environment. She was able to keep her beloved garden and host Sunday dinners, maintaining her identity and routines.
The Savings Breakdown
Over five years, the Harris family compared the costs of a senior living facility versus Caringene’s in-home care. Here’s how it stacked up:
Entrance Fee:
Senior living facilities required a $200,000 entrance fee, while Caringene had no upfront costs—immediately saving the family a significant amount.Annual Cost:
The average annual cost for a senior living facility was $78,000. In contrast, Caringene’s customized care plan cost just $13,000 per year.Total Over 5 Years:
The total cost for a senior living facility added up to $400,000 over five years. With Caringene, the family spent only $65,000 in the same timeframe.Total Savings:
By choosing Caringene’s in-home care, the Harris family saved an astounding $335,000 while ensuring Joan received high-quality, personalized care.
This decision not only lightened their financial burden but also provided Joan with the comfort and familiarity of home.
Additional Benefits of Choosing Caringene
Health Benefits of Aging at Home
Studies show that seniors who age in place experience lower rates of depression and anxiety compared to those in facilities.
Joan’s health improved as she was able to remain active in her garden and social circles.
Family Involvement
With Caringene, Lisa and her siblings could visit Joan on their terms, without the rigid visiting hours of facilities. The family also stayed involved in her care decisions, which brought them closer together.
Flexibility Without Commitment
Joan’s family wasn’t locked into long-term contracts or fees. They could adjust her care plan or scale back services as needed.
Referral Program
By referring two friends to Caringene, the Harris family earned $200, which they put toward Joan’s care. The referral program further offset costs while spreading the word about Caringene.
Why Families Are Choosing Caringene
Joan’s story isn’t unique. Caringene has helped countless families in Washington save money and provide their loved ones with compassionate, individualized care. The benefits of in-home care extend far beyond cost savings:
Seniors maintain their independence.
Families enjoy peace of mind knowing their loved ones are cared for by trained professionals.
Care plans adapt to meet the changing needs of clients.
Conclusion: The Right Choice for the Harris Family
By choosing Caringene, Joan’s family didn’t just save money—they ensured she received the best possible care while preserving her independence and happiness. The decision was a win-win: affordable for the family and empowering for Joan.
If you’re searching for an alternative to costly senior living facilities, Caringene might be the solution for your family too.
Ready to Learn More?
Find out how your family can save thousands while providing premium in-home care. View our affordable care plans or get in touch with us today!