Group-Home Care

DEFINITION of 'Group-Home Care'

Care given to a group of people with similar disabilities within a residence. Those in a group home receive both custodial care and care that is provided by skilled and medically trained professionals. A common disability of people in group homes is Alzheimer's disease.

BREAKING DOWN 'Group-Home Care'

Caring for a family member with a disability can be a very stressful and overwhelming at times. A group home can be a viable option for those who are prevented from performing activities of daily living and whose family members may not be able to provide daily care. However, group-home facilities can be very expensive unless supplemented by long-term care insurance or public health program such as Medicare.

RELATED TERMS
  1. Custodial Care

    Non-medical care that helps individuals with his or her activities ...
  2. Long-Term Care (LTC) Insurance

    Coverage that provides nursing-home care, home-health care, personal ...
  3. Accountable Care Organizations

    Healthcare providers that take a group approach to coordinating ...
  4. Respite Care

    Short-term or temporary care of a few hours or weeks of the sick ...
  5. Any-Occupation Policy

    A term used in the insurance industry to refer to a specific ...
  6. Total Permanent Disability (TPD)

    A condition in which an individual is no longer able to work ...
Related Articles
  1. Financial Advisor

    Advising FAs: Explaining Long-term Care Insurance to Clients

    As our life spans are extended, our family structures change and medical care improves, the need for long-term care (LTC) will continue to increase.
  2. Retirement

    What Long-Term Care Insurance Protects Against

    Because long-term care can be so expensive, not to mention labor-intensive, long-term care insurance exists to protect against exhausting your personal assets or burdening your loved ones. In ...
  3. Financial Advisor

    Long-Term Care: How and Why You Should Plan for It

    The likelihood of needing long-term care is higher than most people realize. Here are some ways to plan for it.
  4. Trading

    The Disability Insurance Policy: Now In English

    Learn to translate this complicated policy so you can rest assured you're covered.
  5. Retirement

    How to Choose a Residential Care Home

    When an elderly loved one needs supervision, a residential care facility can be the closest thing to living at home.
  6. Trading

    Long-Term Care: More Than Just A Nursing Home

    Learn what you can do now to keep your options open in the future.
  7. Personal Finance

    Tips for Insuring Your Salary

    Those with high incomes really can’t afford to be without disability insurance. Here's why.
  8. Personal Finance

    The New Tax-Free Savings Accounts For the Disabled

    Due to the Achieving a Better Life Experience (ABLE) Act, many people with disabilities will have an easier time financing their lives, starting in 2016.
  9. Retirement

    Pros and Cons of "Small-Home" Care Facilities

    Intimate alternatives to traditional large nursing homes are gaining popularity. Could one of them be right for you or a member of your family?
  10. Retirement

    Healthcare: What Are You Really Paying For?

    Long-term care costs rise fast and long-term care providers bundle services together, making it tougher for families to understand what they are paying for
RELATED FAQS
  1. When are you qualified for Disability, how long does it last? Is it ongoing?

  2. Will Medicare pay for long-term costs?

    Long-term care refers to a variety of care services (medical and non-medical) that helps meet the needs of people who have ... Read Answer >>
  3. Can a self- employed person (now disabled) receive disability?

  4. What is long-term care insurance?

    Long-term care insurance is an insurance policy that that helps a patient pay for long-term care. The policy usually covers ... Read Answer >>
  5. When is the best time to purchase long-term care insurance?

    Long-term care insurance (LTCI) covers the risk that individuals may need medical and custodial care, either at home or in ... Read Answer >>
  6. Is there any way to increase my monthly income and receive help paying for my medications? ...

    I am 65 and want to know what I need to do to help increase my income Read Answer >>
Hot Definitions
  1. Put Option

    An option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security ...
  2. Frexit

    Frexit – short for "French exit" – is a French spinoff of the term Brexit, which emerged when the United Kingdom voted to ...
  3. AAA

    The highest possible rating assigned to the bonds of an issuer by credit rating agencies. An issuer that is rated AAA has ...
  4. GBP

    The abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories ...
  5. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  6. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
Trading Center