We understand it can be overwhelming to care for an elderly family member. Trying to navigate the healthcare system, searching for resources, understanding options and handling payment issues and finances can feel like a full-time job. Here are some frequently asked questions to help guide your decision when selecting a care coordinator and licensed professional fiduciary.
Could you tell me more about collaborative care services?
Our care services provide a personalized and attentive approach to healthcare for a person who may need help to function at their highest level of independence. The process involves:
- an initial assessment to understand the person’s functional and cognitive abilities
- benefits analysis
- the development of a plan of care to maximize function, quality of care and quality of life
- advocacy-based care management in conjunction with physicians and nurses to ensure that services are effective and up-to-date
Do you only serve the elderly?
Will you coordinate with my medical team?
My elderly family member has developed difficult behavior or refuses to talk with me about their health. Can a care manager help?
If you suspect that your older adult is not telling you about their health or has developed serious behavioral issues, you can hire a care manager to check in on them. Oftentimes, people are more likely to share their concerns with an expert outside the family. Our collaborative care services can intervene and get your loved one the help they need.
I live far away and I cannot regularly visit. How can a care manager help?
There is no substitute for having a trusted care manager look in on a loved one in person to make sure they are well cared for. We can step in to provide guidance and management through the insurance and healthcare system. This includes looking in on your loved one, supervising their care, alerting you to any issues and working with you when decisions are needed.
Can you provide me with references of past or current clients or other professionals you have worked with who I can contact?
Yes, references are available upon request.
What financial services do you provide as a licensed fiduciary?
Are you insured for errors and omissions?
What are the fees associated with your services?
Collaborative Care Coordination & Fiduciary Services bills by the hour for Fiduciary , Care Coordination Navigator, Power of Attorney for Health Care and/ or Finance . Currently the hourly rates for the above range from $ 90.00 to 175.00 per hour and are dependent upon the task being performed. The hourly rates for unlicensed staff range from $75.00 – $150.00 and are dependent upon skill level and experience of the staff member performing the task.
The fee for Executor of Trust over 1 million in assets, is a minimum of .75%-1.25% yearly charged depending on the complexity .
Costs and Expenses: Costs that are not part of the standard administrative charge and are payable separately include but are not limited to, court fees, photocopy services, in-house copies of 25 copies or more per print job at $.15 per copy, notary fees, bridge tolls, mileage at $ .62 per mile. A trip fee of 50.00
Termination: Agreement can be made by either party at any time in a written notice
Detailed fee schedules are included in introductory packets provided during initial consultation meetings with prospective clients.