This is better value for use:
a. What if: On a new purpose-built shared home project – multiple shared homes are built on one property which again reflects better use of the land, sewage systems, and costs.
b. New home construction projects hire the construction industry, and sub-contractors – thereby stimulating the economy
5. Delays the entry into Retirement homes & Long Term care facilities – saving the Canadian Taxpayer approx. $40 K per person per year. Reduces emergency 911 calls, improves well-being and ensures a safer environment for family and caregivers.
6. Cheaper to the Co-owner – instead of paying 100% of the costs of expenses and care they pay only their portion of the costs – Living for less!
7. On a Broader perspective – individuals (seniors) are taking responsibility for their own needs. The government doesn’t have the funds to give free care to all and in a shared home the seniors are paying more affordable costs and still getting the services they require thereby less impact to the CCAC and the health care system dilemma we are facing in Canada.
8. Multiple shared homes in a community cluster together and pay for one full time PSW or one nurse part-time (sharing the cost for care). Doctor’s can visit the shared homes and see more than one person better value for their time. Meaning we believe our homes will grow with the co-owner(s) and provide the necessary services to end of life.
1. “Age at Home” with dignity
2. Self-governed by co-owners
3. Self-controlled by co-owners
4. Enables the seniors to stay in the community with friends and family
5. Reduces isolation & well-being and encourages social interaction
6. Maintains independence, dignity and self-respect
7. Maintains community linkages so they are not left out & forgotten
8. Provides support & relief to family and caregivers
9. Reduces chances of elder abuse by caregivers and family
10. Protects capital for use in private care – if and when they move to retirement homes and nursing homes.