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Most often, it is called a personal care agreement. This agreement can offer family caregivers security that they will not suffer undue financial consequences. At the same time, the agreement can also give the person receiving care peace of mind that she or he has a caring advocate to manage his or her needs.
Most family caregivers aren't paid for their work, but receiving compensation for daily assistance could benefit millions. You may be able to get paid for taking care of elderly parents at home through Medicaid, veterans benefits, long-term care insurance policies, or other state-specific programs.
A caregiver agreement should include: Service start date. List of caregiving services. Frequency of service. A legal and financial plan. A termination clause. Backup plan for caretaker absence.
A Caregiver Agreement is a kind of contract that lays down the responsibilities of both parties and clearly outlines the proper flow of payments between them. It is a way of legalizing the private caregiver's work, even if they are providing care for a friend or relative.