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Caregivers as money managers for adults with severe mental illness: how treatment providers can help.

Publication ,  Journal Article
Elbogen, EB; Wilder, C; Swartz, MS; Swanson, JW
Published in: Acad Psychiatry
2008

OBJECTIVE: To review the prevalence, benefits, and problems associated with families who, either informally or formally as representative payees, manage money for adults with severe mental illness. METHODS: Based on empirical research and clinical cases, suggestions are offered for minimizing downsides and capitalizing upon benefits of family money management. RESULTS: The findings and case vignettes demonstrate four specific strategies for treatment providers: facilitating collaboration, increasing knowledge about disability funds, improving money-management skills, and developing plans for financial decision-making. CONCLUSION: By following these recommendations and becoming aware of whether their clients had family money managers, clinicians can promote independent functioning and family support for a substantial number of people with severe mental illness.

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Published In

Acad Psychiatry

DOI

ISSN

1042-9670

Publication Date

2008

Volume

32

Issue

2

Start / End Page

104 / 110

Location

United States

Related Subject Headings

  • Social Security
  • Psychiatry
  • Personal Autonomy
  • Patient Credit and Collection
  • Patient Care Team
  • Mental Disorders
  • Humans
  • Family Therapy
  • Family Conflict
  • Economics
 

Citation

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Elbogen, E. B., Wilder, C., Swartz, M. S., & Swanson, J. W. (2008). Caregivers as money managers for adults with severe mental illness: how treatment providers can help. Acad Psychiatry, 32(2), 104–110. https://doi.org/10.1176/appi.ap.32.2.104
Elbogen, Eric B., Christine Wilder, Marvin S. Swartz, and Jeffrey W. Swanson. “Caregivers as money managers for adults with severe mental illness: how treatment providers can help.Acad Psychiatry 32, no. 2 (2008): 104–10. https://doi.org/10.1176/appi.ap.32.2.104.
Elbogen EB, Wilder C, Swartz MS, Swanson JW. Caregivers as money managers for adults with severe mental illness: how treatment providers can help. Acad Psychiatry. 2008;32(2):104–10.
Elbogen, Eric B., et al. “Caregivers as money managers for adults with severe mental illness: how treatment providers can help.Acad Psychiatry, vol. 32, no. 2, 2008, pp. 104–10. Pubmed, doi:10.1176/appi.ap.32.2.104.
Elbogen EB, Wilder C, Swartz MS, Swanson JW. Caregivers as money managers for adults with severe mental illness: how treatment providers can help. Acad Psychiatry. 2008;32(2):104–110.
Journal cover image

Published In

Acad Psychiatry

DOI

ISSN

1042-9670

Publication Date

2008

Volume

32

Issue

2

Start / End Page

104 / 110

Location

United States

Related Subject Headings

  • Social Security
  • Psychiatry
  • Personal Autonomy
  • Patient Credit and Collection
  • Patient Care Team
  • Mental Disorders
  • Humans
  • Family Therapy
  • Family Conflict
  • Economics