Cost of Senior Care in Montana

Written by Julia on September 25, 2015

Most people will need some form of assistance as they age. In Montana, there are 1,006,370 residents, with 158,184 of those people over the age of 65, representing 16% of the population. Most of these seniors are currently in the market for care assistance to address their changing needs.

While there are many options for care, care can be expensive. People primarily pay for care with their own personal or family funds. Long term care insurance or long term care protection combined with life insurance and annuities are another way to help pay for care. Medicare and Medicaid may contribute towards some long term care expenses, but there are specific coverage limitations and asset requirements.

Expenses are based on the type of care option received. Using 2015 Cost of Care data from Genworth, we will explore the primary elder care options available in Montana: Home Care, Adult Day Care, Assisted Living, and Skilled Nursing.

Home Care

In Montana, home care is the most popular option. Home care agencies are not Medicare-certified because they do not offer medical services. Rather, home care typically involves an aid who can help at home with many personal care and homemaker tasks. Personal care tasks include bathing, dressing, transferring, and toileting.

Homemaker services include meal preparation, shopping, errands, and transportation in addition to general companionship.

Home care is available for a few hours a day, or 24/7. The hourly cost of home care in Montana ranges from $21-25. The median hourly cost of home care in Montana is greater than the national average of $20. The annual cost is $52,624, for 44 hours of care per week for 52 weeks, though many people use home care only part-time.

Adult Day Care

Adult day care is typically used to provide a break for family caregivers. Adults who need assistance or supervision during the day, but not around-the-clock, can receive care through a community-based center.

The daily cost of adult day care in Montana ranges from $40-233. The median daily cost in Montana is greater than the national average of $69. The annual cost is $24,765, for 5 days per week for 52 weeks.

Assisted Living

Assisted-living is also community based, providing care and health services to people who may need assistance with activities of daily living, but not as extensively as assistance from nursing homes.

The monthly cost of assisted living in Montana ranges from $1,000-6,000. The median monthly cost of assisted living in Montana is less than the national average of $3600. The annual cost is $42,720 for one bedroom in an assisted living facility.

Skilled Nursing

Skilled nursing, or nursing homes, provides high-level care for people who need close 24-hour supervision. They offer personal care assistance, room and board, medication, rehabilitation, and on-site nursing care.

For private rooms, the daily cost of skilled nursing in Montana ranges from $175-287.The median daily cost of skilled nursing in Montana is less than the national average of $250. The annual cost is $80,300.

Conclusion

Do not let the cost of aging sneak up on you and your loved ones. Having a conversation with the entire family about care needs and figuring out how to pay for care have never been more important. Planning today will ensure your loved ones comfort and wellbeing as they grow older without the added worry of uncertainty.