Most older people want to grow old at home, where they have built their lives. For this reason, home care is, without a doubt, one of the first options that cross the minds of families when they need help, both to carry out the basic activities of daily living and for more intensive care, in which a accompaniment is essential.
If we look at recent studies, 95% of people want to age at home as long as possible. However, 60% of families end up choosing an alternative option to home for economic reasons. Of the families that choose domicile, 55% cover the payment for care with their savings, which generates future concern.
The probability of having some degree of dependency increases with age, so that practically one in three people over 80 years of age present some dependency situation and the majority of them opt for home care.
In all cases, the inability to pay for necessary care or having to spend a lifetime's savings can generate a sense of emotional distress in both the affected people and their families and, for this reason, home care companies like Qida offer solutions that facilitate access to this care, it is essential to leave no one behind.
Qida and Pensium have launched an innovative social impact formula on the market that allows thousands of people who until now had access to financing for care at home who until now had limited possibilities of having the necessary financial coverage.
Until the launch of this initiative, there was no private financing option based on the advance payment of the rental of the home owned (and without ever losing ownership by the families).
As Oriol Fuertes, CEO and founder of Qida, explains, “most people want to age at home and, as a society, we must be able to offer alternatives that help satisfy this need. In the end, it means that anyone can have the right to stay at home with professional care that improves their quality of life at home.”
The new financial solution proposes the advance of amounts by Pensium to cover the total cost of Qida's home care service, with guaranteed contributions and without losing ownership.
Once the home is empty, the company itself is responsible for carrying out a small renovation to put the apartment up for rent at market price, ensuring the solvency of the tenants and even recovering the advance amount.
In this way, the family does not have to return the amount borrowed in the form of money, but rather it is done by renting the property that the family will keep in its name at all times, which is an innovation unlike other alternatives. financing in the market.
“The response from the families is being very positive, since they have an alternative that until now did not exist in the market and, above all, taking into account that the family does not lose the property at any time,” says the CEO. and founder.
The operation can be canceled at any time without additional cost, amortizing the pending amount, and can be extended to finance the payment of the residence, if necessary.
“On a social level, what stands out most about this model is the fact of being able to satisfy the will of the elderly person to remain in the home that they have built and created their life. Being able to have comprehensive care according to your needs in the family environment that you have created and with a single purpose: to be able to have a higher quality of life in your home,” concludes Oriol Fuertes, CEO and founder of Qida.
