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Valuing the Invaluable: 2011 Update: The Growing Contributions and Costs of Family Care giving

Report
January 1, 2011

This report highlights the U.S.’s 42.1 million unpaid family caregivers, who accounted for an estimated $450 billion in value in 2009, up from $375 billion in 2007. The authors outline the toll that unpaid care giving takes on wages, health benefits, savings, and physical and emotional health. The report advocates a significant investment of resources into these caregivers, and concludes with a list of policy recommendations intended to develop a better support system for them.

To see the original source, click here.

 

Key Takeaways

In 2009, 42 million U.S. caregivers cared for an adult with daily limitations, and 62 million provided some care.
If family caregivers were no longer available, the cost of health care and LTSS would increase astronomically.
More adult children in their 60's or 70's with chronic conditions will be seen caring for a parent age 90+ years old.
 
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