PREMIUM AGING-IN-PLACE REPORTS
Smart Home Investment Plans
Comprehensive renovation strategies that cut long-term care costs by 60-75% while maintaining independence and dignity.
Investment vs. Traditional Care Comparison
Traditional Care Path (10 Years)
Home health aide (20 hrs/week)$2,500/month
Medical visits & transportation$800/month
Medications (retail)$600/month
Emergency/acute care events$2,000/month
Total Traditional Cost:$708,000
Tech-Enhanced Care Path (10 Years)
Initial renovation investment$80,100
Monthly technology services$133,200
Reduced human care needs$60,000
Total Tech-Enhanced Cost:$273,300
Net Savings: $434,700 over 10 years
61% reduction in long-term care costs
Investment Overview
Category | Objective | Investment | Medicare Coverage |
---|---|---|---|
Home Renovation | Safety & Accessibility | $35,000 | Partial (grants available) |
Smart Tech & Robotics | Monitoring & Automation | $15,000 | Partial coverage |
Telehealth & Devices | Medical Access | $5,000 | Yes (Medicare approved) |
In-Home Care Services | Part-time Assistance | $10,000/yr | Yes (with physician order) |
Community Support | Social & Service Access | $2,000/yr | Yes (Medicare Advantage) |
Total Year 1 | $67,000 |
Key Benefits & Outcomes
Enhanced Safety
60% reduction in emergency room visits through proactive monitoring and fall prevention
Better Health
95%+ medication adherence and early detection of health changes
Independence
Maintained dignity and family peace of mind while aging in place
Ready to Start Your Aging-in-Place Journey?
Get personalized consultation to adapt these plans to your specific needs and local resources.