Discover how you can get paid while providing care for your parents. This guide explores various state-specific Medicaid options, veterans and military programs, and tax credits and deductions available to caregivers.

Understanding the HCBS State Plan Option

The HCBS (Home and Community Based Services) State Plan Option is a Medicaid program that allows eligible individuals to receive care services in their own homes or communities instead of in institutional settings. This option provides financial assistance to family members who take on the role of caregivers for their parents.

To qualify for the HCBS State Plan Option, your parents must meet certain eligibility criteria set by the state. These criteria typically include age, income, and functional need requirements. Once your parents are approved for the program, you can receive payment for the caregiving services you provide.

It's important to note that each state has its own specific guidelines and requirements for the HCBS State Plan Option. To learn more about the program in your state, you can visit your state's Medicaid website or contact your local Medicaid office.

In Indiana, two of the most popular HCBS Medicaid Caregiver Programs are called the Structured Family Care Program and Attendant Care Program. Live in Indiana and want to learn more? Visit our Indiana Family Caregiver Page.

Structured Family Caregiving Waiver — Structured Family Caregiving Indiana - A HCBS Medicaid Program in Indiana paid a flat, daily rate.

Exploring the Community First Choice (CFC) Option

The Community First Choice (CFC) Option is another Medicaid program that supports individuals who require assistance with daily living activities. Under this program, eligible individuals can receive care services in their own homes instead of in nursing homes or other institutional settings.

As a caregiver for your parents, you may be able to get paid for the care you provide through the CFC Option. The program offers financial assistance to family members who take on caregiving responsibilities. To qualify for the CFC Option, your parents must meet certain criteria, including functional need requirements and income limits set by the state.

To explore the CFC Option in your state and understand the specific guidelines and requirements, you can visit your state's Medicaid website or reach out to your local Medicaid office for more information.

Exploring State Non-Medicaid Programs for Caregivers

In addition to Medicaid programs, many states offer non-Medicaid programs that provide financial support to caregivers. These programs are designed to assist individuals who are caring for their aging parents or family members with disabilities.

State non-Medicaid programs often include respite care services, caregiver support groups, counseling services, and financial assistance programs. These programs aim to alleviate the financial burden on caregivers and ensure that they have access to resources and support.

To explore state non-Medicaid programs available in your area, you can visit your state's Department of Aging or Department of Health and Human Services website. These resources will provide information on the programs offered, eligibility criteria, and how to apply. Alternatively, you can search online using an ElderCare Locator Tool.

Leveraging Veterans & Military Programs

If your parents are veterans or have a military background, there may be additional programs and benefits available to support their care and provide financial assistance to caregivers.

The Department of Veterans Affairs (VA) offers various programs for veterans and their caregivers, including the Aid and Attendance Benefit, which provides financial assistance to veterans who require the aid of another person in their daily activities. As a caregiver, you may be eligible to receive payment for the care you provide under this program.

To explore the veterans and military programs available to support your parents' care and provide financial assistance to caregivers, you can visit the VA website or contact your local VA office for more information.

Maximizing Tax Credits & Deductions for Caregivers

Caregivers may also be eligible for various tax credits and deductions that can help alleviate the financial burden of caregiving.

One example is the Tax Credit for the Elderly and Disabled, which is available to individuals over 65 years old or those under 65 who retired on permanent and total disability and received taxable disability income during the year. This tax credit can provide significant savings on your federal tax return.

To claim this credit, you will need to complete Schedule R when filing your federal tax return. Additionally, there may be other tax credits and deductions available based on your specific circumstances and the state you reside in.

It's recommended to consult with a tax professional or utilize tax preparation software to ensure you maximize the tax benefits available to you as a caregiver.

If you live in Indiana, we can get you paid through Indiana’s Structured Family Care and Attendant Care programs. Check your eligibility on our Indiana page.