Whether it’s your parents, a sibling, a child or a friend, helping someone you love is a wonderful thing you can do. You invest precious time into their life, helping them do things they may not be able to do themselves. While this is honorable, caring for someone who is disabled or needs extra assistance can quickly become a time-consuming and expensive process—especially if you have to quit your job or reduce work hours to do it.
Many people don’t realize there are programs available that may reimburse you for caring for your loved one. One of the best ways to access these resources is to talk with an experienced home care agency who knows how these types of services and community resources work, and can help pinpoint which services will be the most beneficial for you or your loved one.
Here are a few options that might be available to you:
Missouri has a Medicaid-funded program called Consumer Directed Services. Through this program, the person you are caring for may qualify for services that will allow you to be paid, at no cost to them. This service is for those who are elderly or disabled and Medicaid eligible. Some of these services include: light housekeeping, meal preparation, laundry, shopping, personal care assistance and companionship.
According to AARP, in 2010 Congress passed a law providing a monthly stipend to primary caregivers of veterans injured in military conflict after 9/11. This can include paying for access to health care insurance, mental health services and travel expenses for caregivers. Caregivers of veterans may also be eligible for the VA’s Aid and Attendance Pension Benefit.1
Long-term Care Insurance
There are some long-term care insurance policies that cover home care expenses and will pay for a family member or friend to provide the care. Your loved one will need to talk with their insurance agent to determine if their policy will allow you to be paid to provide care for them.1
If the other options are not available for your loved one, they can set up a caregiver contract. A caregiver contract allows them to pay you for your services. They will need to talk with an elder care lawyer to set up the contract to ensure it meets tax requirements, inheritance issues and is approved by all interested parties.1
Other reliable options that may be available include: Medicare, Medicaid, Missouri Children’s Waiver and Workers’ Compensation.
If you are a caregiver, Oxford HealthCare can help connect you to the right program, along with helping you process any paperwork or billing information, so you can focus on caring for the one you love.
1 Levine, Carol; 19 June, 2012; Can I Get Paid for Taking Care of my Mother; www.aarp.com