Over $8 billion worth of caregiving is provided annually by family members in Missouri, for free. This role isn’t without its emotional and financial challenges. At Aidaly, we understand how hard it can be for family caregivers to make ends meet while prioritizing the care of a loved one. We are passionate about helping people access the state and federal programs available to help with the costs of caring for a loved one.
Aidaly understands that a little help goes a long way, so we’ve compiled a list of useful payment opportunities available for family caregivers in Missouri. Read on to find out about the benefits you may be entitled to.
Most people pay taxes. If you are one of these people, the federal government has various tax credits that may be available to you to help with financial strain.
The Child Tax Credit
The government offers up to $3,000 per dependent child in the form of the Child Tax Credit for those who list their children and dependents on their federal tax file. Even if you don’t owe tax, you may still be able to claim this payment. Visit this website to find out if you qualify.
Child and Dependent Care Tax Credit
The federal government may be able to return up to $8,000 of money spent on caregiving costs for a child or dependent while you worked or looked for work. The Child and Dependent Care Tax Credit is a federal government program that aims to enable those with dependents in their care to still earn. Visit this website to learn more and assess your eligibility.
Medicaid Waivers in Missouri
Legal exceptions to Medicaid’s general terms exist in Missouri that allow the state to regard family caregivers as a covered type of specialty care. If your loved one is on Medicaid, they may be able to bypass the general rule of only accessing care through registered Medicaid providers and, instead, direct funds straight to you as a family caregiver. You can determine your eligibility for this by contacting your loved one’s Medicaid provider or you can learn more here.
The Department of Veteran Affairs (VA) offers extra benefits to U.S. Veterans who need care. If the person you are caring for is a Veteran, you may be able to access extra help.
Veteran-Directed Care (VDC)
Veteran-Directed Care is a program that allows Veterans to choose the services and supports they use and provides funds for them to employ a caregiver if they require ongoing care. These funds can be used for care from a family member or a professional. For more information and to determine your eligibility, visit this website.
The Veterans Aid and Attendance Program
The Veterans Aid and Attendance program provides a pension to qualifying Veterans of up to $3,621 per month to assist with the betterment of their everyday lives through helping with care costs. This is in addition to the normal VA benefit and can be used to pay family caregivers. Visit this website for more information.
Program of Comprehensive Assistance for Family Caregivers
The Program of Comprehensive Assistance for Family Caregivers (PCAFC) offers assistance to the family caregivers of Veterans injured in the line of duty in any service era. This assistance may include a monthly stipend, caregiver training, and help with travel expenses when your family member has to travel to receive care. Find out more here.
Caregiving can be a stressful task. Ensuring your loved one has the best care possible is made easier with Aidaly. Sign up today for an added layer of support in your caregiving.