Home Care & Hospice Community Encouraged by Recent Data Highlighting Cost Effectiveness of Caring for Seniors and Disabled Americans at Home
WASHINGTON D.C. – The National Association for Home Care & Hospice (NAHC) today highlighted the results of recent studies by Genworth Financial and the AARP Research & Strategic Analysis that exemplify the multi-faceted value of home care.
Comparing the change in average costs in various care settings from 2010 to 2011, the Genworth Financial study showed that the cost of in-home care stayed relatively flat compared to as much as a 5.7 percent increase for an institutional care setting.
“As Congress debates the best way to move forward on deficit reduction, home care is the clear solution for reducing costs while preserving high quality health care for seniors and the chronically ill from the comfort of their own homes,” said Val J. Halamandaris, NAHC’s president. “Through sophisticated care and monitoring, caregivers are able to provide safe and cost-effective services by avoiding short and long-term stays in hospitals and nursing care facilities.”
In addition, the AARP Research & Strategic Analysis study showed that new technologies such as electronic devices that turn off appliances and prescription drug management systems are being used by an estimated 48 percent of Americans over the age of 65 in order to maintain a healthy lifestyle at home.
“Through Advances in technology and innovation are extending the ability of seniors to remain at home and still be connected to a health care provider. As a result, home care is making significant progress in managing chronic diseases, reducing re-hospitalizations and improving the quality of life for millions of America’s. If Congress is serious about improving the health of Americans and fixing our nation’s economy, then it is incumbent upon Democrats and Republicans to recognize the critical and value-based role that home care plays as part of the solution,” concluded Halamandaris.
Source: nahc.org
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Improving Home Care Critical to Addressing Chronic Disease and Reducing Health Care Costs Nationwide
WASHINGTON D.C. – Val J. Halamandaris, president of The National Association for Home Care and Hospice (NAHC), issued the following statement in response to President Obama’s decision to exclude proposals that would impact seniors’ access to critical home care services:
“As Congress and the Administration focus their collective efforts on a long-term, sustainable approach to Medicare reform, we commend the President for acknowledging that proposals should not shift health care costs onto seniors and their families. Preserving and improving home care for seniors must be a cornerstone given the role it plays in treating and managing costly chronic diseases such as cancer, diabetes and hypertension. Home care is a national solution that is both preferred by seniors and is far less expensive than institutional settings. Economically-speaking, it’s the best means of health-care cost containment at our nation’s disposal today.
“Across America, millions of seniors and disabled persons depend on Medicare-provided home care. With an additional 10,000 Americans reaching Medicare eligibility age every day, improving our commitment to high-quality care must remain a top priority. Through a coordinated approach in partnership with physicians and caregivers, seniors are receiving personalized treatments while maintaining their independence within the comfort and privacy of their own home.
“Again, we commend the President for excluding from his proposal elements of the Deficit Commission report which would have severely impacted seniors’ access to high-quality, low-cost home care services. After the home care community agreed to a $39 billion cut in funding under the Affordable Care Act, we hope this is a clear sign that the administration recognizes that now is the time to establish a stable and consistent level of funding for home care. The President’s decision touches and is appreciated by home care patients, family members and caregivers in every state, district and community. It is also the right decision to help ensure high quality care while also reducing our nation’s deficit.
“Going forward, we must have a focused and national conversation on what’s necessary to preserve high-quality care for seniors while also addressing our long-term deficit. As HHS pointed out this morning in their “partnership for patients” initiative, the effective transition of patients from hospitalizations would save billions of dollars by reducing readmissions and home care will remain a key tool in this effort. Nowhere is there a better solution in America today than providing home care to the millions of Americans who would otherwise seek treatment in costly institutional settings. We look forward to working with Congress and the administration to strengthen America’s home care system for the millions who rely on it, now and in the future.”
Soure: nahc.org