I think I'm in panic mode. Getting close to placing mom. Is there a way two Caregivers (children of parent) could purchase home, hire two Caregivers, split the cost. Then when one is done, sell their share to some one else. To avoid NH scene. Scenario....3 bedroom ranch...each caregiver gets a room for privacy, 2 ladies share. Then each other caregiver can have a life.
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Not to romanticize their criminal lifestyles.
It's a lovely *idea*...
My friend bangs on occasionally about how we should "all get together" and buy a big manor house and hire our own team of caretakers and helpers and share the chores and the cooking and... and...
Yup.
When you think how even fit, solvent siblings who have always liked each other still come to grief, what do you think the chances are of friends sustaining one another through the first close encounter with Alzheimers?
Now, the cost of two caregivers. Cost can vary from area to area. Where I live, cost is $30/hour per person from a licensed, bonded, insured Agency which has workman's comp in case one of the caregivers gets injured on the job.
If the two caregivers share the caregiving, would that be 12 hours per shift? If yes, that would be $720.00 per day or $21,600 per month just for salaries. Depending on State laws, there could be an 8 hour a day limit. Or required overtime cost for above 8 hours.
You could find a super caregiver who is an independent contractor [works on her own], who would charge less. But then one needs to decide who pays the payroll taxes. And Mom would need that workman's comp policy.
Assisted Living/Memory Care would be $6k per month, a skilled nursing home with Memory Care around $10k per month. Then you don't need to worry if one of the caregiver gets sick and cannot work. Or if they have children back at home that need their attention. Plus the facility cost include all the meals, pill maintenance, housekeeping, and linen service. And usually an RN on site around the clock.
Let us know what you decide.