In our previous post, we began discussing an often overlooked aspect of Medicaid planning, namely caregiver agreements. We noted that the value of such agreements lies in their ability to prevent the recipient of health and financial management services from being penalized by Medicaid for reimbursing caregivers for health and financial management services.
According to sources, roughly 44 million adult caregivers provide some unpaid care to adults and seniors with disabilities. Those receiving services are elderly parents, disabled spouses, or another elderly family member. In these types of arrangements, family members care for their loved ones until they are no longer able to do so. Sometimes it is the inability to physically care for their loved one brings about a move, and other times family members are simply unable to continue paying for their care. At that point, many families look to Medicaid to supplement the care.