Get Paid For Caring For Elderly Parent

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If the parent you are caring for is eligible to receive Medicaid, you may be able to get payment for the care you provide under the Cash and Counseling program. This special program provides for payments that go directly to you as the family primary caregiver so that you can meet all of the expenses that come with the care that you provide. Even if the parent you are caring for doesn’t qualify …

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The adult child will be compensated by Medicaid for providing care for their elderly parent. In most cases, the adult child / caregiver is paid the Medicaid approved hourly rate for home care, which is specific to their state. In very approximate terms, caregivers can expect to be paid between $8 – …

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Caring for an elderly parent often becomes a financial burden upon the family. According to the MetLife Mature Market Institute, in 2008, the average cost of nursing home care was $69,715 per year.

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For clear advice on how much care and support costs, and where you can get help with the costs, read our section on money and benefits. As a general rule, if you have less than £23,250 in savings, your care will be paid for partly or in full by the council .

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