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Health News Florida

How Much Is a Family Caregiver Worth?

Patty Wallace.jpg
Tampa Bay Times

Patty Wallace gets $2,000 a month from her 81-year-old mother, who suffers from dementia, to provide round-the-clock care. It’s known as a “personal services contract,” and it not only compensates the caregiver, but redistributes assets so the elderly parent can qualify for Medicaid coverage at a nursing home later on. Critics say it’s too easy to cheat the system, and now state lawmakers want to put more restrictions on these arrangements, the Tampa Bay Times reports.