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May 21, 2024
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$32,000 bonus: who can receive this financial subsidy from the IPS with only 3 requirements

$32,000 bonus: who can receive this financial subsidy from the IPS with only 3 requirements

He Bond Elderly Care, a financial aid of $32,991, offers relief to those who care for older adults with severe dependency. This subsidy, granted by the Ministry of Social Development and Family in collaboration with the Social Security Institute (IPS).

To access this subsidy, it is essential to comply with three fundamental requirements, the first of which is that the older adult under care must be enrolled in the Home Care Program for People with Severe Dependency of the Ministry of Health. Additionally, the designated caregiver and who will receive the bond cannot receive financial compensation for their work, and the beneficiary cannot reside in a long-term care facility for seniors or a similar institution.



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