Hospital admission is often necessary when the patient has developed an emergency medical condition such as a heart attack, stroke, high fever, extremely low or high blood sugar, accident, and so on.
Home healthcare comes into picture when you are suffering from a disorder or symptoms that are not too severe or critical.
It is common for patients to seek home healthcare when they feel the condition can be managed without continuous monitoring by a healthcare practitioner. If you are planning to avail home healthcare services, you can contact your preferred home care agency in Brooklyn, NY, or the city you stay in.
However, not all expenses of home care are covered by insurance. Hence, you will also need to compare the costs of treatments and care at home vs the expenses you will have to bear due to hospital admission. Here is a brief discussion about the comparative expenses involved in home care and hospitalization.
Medicare Part A covers the costs of hospitalization in most cases. To be eligible for Medicare coverage, the disease you are diagnosed with must fall into the “covered” category. At the same time, some other conditions have to be fulfilled to receive Medicare part A coverage for a hospital stay.
Some of them include a recommendation by the doctor stating the medical necessity for the hospital stayand the physician being registered at Medicare.
When these conditions are fulfilled, you need not worry much as far as the expenses of hospital stay are concerned.
Medicaredoes not cover all expenses related to home care. Only some services such as physical therapy and speech therapy are covered by Medicare when certain conditions are fulfilled. You will also need to check with your preferred home care agency in New York
, supposing you are staying in this city, whether it has been approved by Medicare for home healthcare to be eligible for coverage.
Looking at this information, you might think hospital stay to be a cost-effective option compared to home care. However, this is not always the case. Let’s find out why…
The duration of healthcare needed
Unless you are suffering from a disease that has caused intense symptoms, which require continuous life support such as a ventilator and monitoring of vital parameters by a physician, hospital stay would not be covered by most insurance policies.
This is when home care would come to be a better option. Your Medicare Advantage Plan may cover some of the costs of home care services. There are several Medicare Advantage Plans offered by private insurance companies that cover the costs of physical therapy, nursing care, and occupation therapy received at home.
Hiring a registered nurse or a qualified physical therapist from your preferred home care agency in Brooklyn, NY
,on the city you are staying in would ensure you receive good care at the comfort of your own home without having to spend much.
Cost of equipment
Some health issues necessitate the use of medical equipment to support the recovery. For example; you may need to use a walker, and bathroom equipment like walk-in tubs while you are recovering from a serious injury, stroke or an accident.
These equipment are meant to help you move about easily by providing support and reducing the risk of fall.
You really do not need to stay in a hospital to receive insurance coverage for thesehealthcare accessories. Some Medicare Advantage Plans and supplement policies cover the costs of Durable Medical Equipment when they are considered medically necessary and recommended by your physician.
The doctor recommending the equipment as well as its supplier must participate in Medicare for you to be eligible for the coverage. If these conditions are fulfilled, there wouldn’t be much of a financial constraint to stop you from receiving home care.
Also, if you continue to stay in hospital after recovery from the critical state, you will still have to bear a few expenses that can sometimes go higher than the cost of equipment and home care services you can receive at home.
Add to it the inconvenience the hospital stay can cause to you and your family. When you consider these aspects, you will realize home health care would be better than hospital stay when you have recovered enough to not need continuous monitoring and life support.
Costs incurred vs cost avoided
While hospital stay can allow you to avoid expenses that are covered by your insurance policy, these expenses at times can be more than what you would have to incur indirectly.
For example; when you are admitted in hospital, someone from your family might have to take leave from office to be with you. This might turn into huge indirect expenses if the duration of hospital stay is pretty long. These indirect expenses can be in terms of the loss of pay or profits due to the absence at the workplace.
This explains why it can be sometimes better to receive health care services at home. However, for this, your health status must be stable.
When a registered nurse or a home care aid is with youat home to help you havea bath, meals and so on, your family members will be able to continue with their daily routine without any stress.
And if you can manage, you yourself canstart working from home so that you do not exceed thepermitted number of leaves. These are some benefits that a hospital stay will not provide you.
You must make sure the quality of healthcare services you receive at home is good enough to help you recover faster. You can check the reviews of the preferred home care
before you hire a registered nurse, or a therapist for home care after hospitalization.
Taking care of your own health at home can become much easier when you have a caregiver tending to your needs. If you are suffering from a disorder that can be managed well with regular healthcare at home, you can check the costs of the services offered by your preferred home care agency in New York
, or the city you stay in.
You can discuss your specific needs with them such as the tasks you expect your aid to perform, duration of care, and so on. You can also contact your insurance provider to find out which of the home care costs would be covered. This would help you manage your expenses in a better way and allow you to decide whether home healthcare would be a better option than hospital stay.