You may be wondering about the financial impact of caregiving. Here are some common caregiving expenses:
Medical needs Household expenses Personal care items Travel and legal fees Paid help
In some cases, you may qualify for assistance or payment for caregiver services and expenses. Making a list of your expenses and resources can help you create a realistic budget.
In general, Medicare doesn't cover expenses for in-home caregivers to provide personal care and housekeeping, if medical care isn't needed. Medicare does cover short-term caregiving expenses if someone needs medical care following a surgery, illness, or injury.
Medicare also typically covers short-term home health services if a doctor prescribes care for a person who is homebound. This includes services such as skilled nursing care, and physical or occupational therapy. Plus, there are Medicare Advantage plans that include extras such as meal deliveries, home helpers, and transportation to doctor appointments.