Mom has lived with me for 5 years now. She recently survived two heart attacks and three strokes but now requires 24 hour care with her day to day activities including her medication management.

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Jeff, as mentioned earlier, majority of family caregivers do not get paid for caring for their love ones.... unless the love one can pay the family member from their own retirement fund. If your Mom can budget that, then you would need to draw up an employment agreement.

Otherwise, if Mom can apply and be accepted by Medicaid [which is different from Medicare] depending on your State Medicaid programs, you might be able to be paid. But please note the pay will be very minimal, as it is less expensive for Medicaid to place someone in a nursing home for care.
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In many states, family care providers are eligible for payment for the services they perform as caregivers.
Check your state regulations for specific eligibility guidelines and services that are covered.
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The most common question in the AgingCare Caregiver Forum is "How can I get paid to care for a family member?"

The vast majority of family caregivers do not get paid for the provision of care.

However, a loved one may use out-of-pocket retirement savings for this purpose. If a family member has enough funds to privately pay from savings, it is important to formally complete a Personal Care Agreement. Prior to receiving any payment, this document should be prepared to outline the services provided as well as the payment to be received. A personal care agreement can not be created retroactively to pay for past care.

The Caregiver Forum is a great place to come for answers. Additionally, I'd like to offer the following AgingCare articles as reference points:

To understand the purpose of and create a formal agreement between family members, please refer to:

It is important to note that most outside sources of pay will only pay for medically based home health care provided by an authorized agency. For a general overview regarding paying for care, please refer to:

And finally, if you would like further information regarding the decision to hire a home care company that fits your needs and your budget, please refer to:

If you are new to caregiving you will likely have future questions. There are many answers from experienced caregivers here. Don't hesitate to come back and ask.
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