abelzung Asked December 2009

How can I get paid to take care of my elderly parent?

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EXPERT Sheri Samotin Dec 2009
It depends who you are hoping will pay you to care for your elderly parent. For example, in some situations where your parent has assets, you can establish a family caregiver contract which defines the services you will provide and how you are to be compensated for those services. This is helpful if you have siblings who are concerned about "using up their inheritance." In other cases, there is long term care insurance in place, and many policies will not pay for a relative to provide the care unless that relative is a licensed professional in the appropriate field and works through a licensed agency. A very few long term care policies will pay for a family caregiver, provided that person has gone through specific training, for which the company will sometimes pay. In yet other situations, your siblings may agree to pay you to care for your parents. Finally, there are a few states and pilot programs where family caregivers are paid by public funding sources (e.g. state disability or medicaid) but this is not at all standard.

-- Sheri
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This is the most common question asked by caregivers like you. Trying to find information on getting paid is difficult. Like Carol said, it entirely depends on where you live and your caring situation.

For more info read this article on getting paid:

https://www.agingcare.com/135476

and visit this section of AgingCare to read more articles like this:

https://www.agingcare.com/Money-Legal/1173/Paying-for-Care/

Home these help out!

Lindsey
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KimJ Dec 2009
Hi Sheri,

You might consider looking into becoming an "official" caregiver through a company that provides non-medical, in-home care. These caregivers are trained, bonded and insured, and you receive your training through the company. You will be a paid employee of the company; therefore, receive payment for caring for your parent. The downside is, most of these types of companies do not provide you full-time work/salary. However, some income for providing this wonderful service is better than none.
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mege27 Aug 2010
And who will than pay the agency their fee?
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