Access to senior care has become a lot more difficult in some parts of the country. The country was already experiencing the threat of a potential caregiver shortage before the COVID pandemic, but the pandemic experience changed things considerably. Instead of a potential issue for the future, shortages are a reality for many localities right now.
Long term care funding is designed to help prevent this. Funding not only ensures that care services are in place, but that they can pay employees a competitive wage. Unfortunately, a lot of care services have historically underpaid their employees, forcing hard working individuals to leave a job that they might really love in exchange for higher wages somewhere else. Ensuring that funds are in place to support services of all sorts can help keep employees so that a higher quality of care can be provided.
This primarily applies to care services and facilities that rely on public money and act in a not for profit manner. However, the lessons apply regardless of the type of care service that is in question. For a care organization to remain afloat and helpful, proper funding is important. When it comes to care services that rely on state or federal funds or grant money, this means that that cash in flow needs to be reliable into the future. For companies that act in a for profit capacity, it means that a proper marketing campaign is connecting people to the service and that internal finances are kept in order. It’s all very complicated if you aren’t a finance person (which I’m not), but that doesn’t mean that it’s unimportant. Money is necessary to attract and retain employees. It’s vital for giving the people that are served the high level of care that they deserve.
There’s only so much that the system itself can do, especially with the way that it is currently structured. There are so many moving parts and regulations often change. While the system is designed to help seniors, there are always pitfalls in being reliant on something else to provide as you move into the future. For many people, this is completely unavoidable. Planning ahead financially is a best practice, but there are a lot of people that are not capable of doing this for a variety of reasons.
Taking matters into your own hands can help your family a lot. And the easiest way to do this is to start planning now. It’s hard to be prepared if you don’t know what to prepare for.
This is where we can help. We’d love to talk about senior care with you, what kinds of things care can help your family with, and how we here at Paradise In-Home Care might fit in with your overall goals. If you’re interested in learning more about senior care, please reach out to us today. One of our trained professionals would be happy to connect with you and help answer your questions and address your concerns during a free consultation session.
Just give us a call to get started!
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