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Taking care: Navigating the complexities of caregiving can be a daunting task for caregivers. Learn how those who receive and provide care need to strike a balance and establish boundaries to foster a healthy care partnering relationship.

It’s hard to see someone you love struggling with old age or a medical condition – it’s even harder to support them when you live far away. How do you know if they can handle daily chores? Are they taking their meds on time? Do they pay their bills and visit their doctor when needed? 

Paying for Mom’s or Dad’s prescriptions, doctor’s appointments, or medical monitoring devices can get expensive. You may have had to make home modifications or offer financial assistance to help your older loved ones support themselves. 

These expenses can add up; in fact, American families spend almost 26% of their annual income on caregiving, including 17% on medical costs. Fortunately, there are tax breaks available for caregivers that may offer some financial relief. 

Medication errors affect almost seven million Americans per year, leading to 7,000–9,000 deaths and $40 billion in healthcare spending. The good news? They are entirely preventable.