Valuing the Invaluable: The Economic Value of Family Caregiving, 2008 Update

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Article Publication Date: 
11/15/2008
Summary: 
About 52 million people provided family caregiving worth about $375 billion in 2007. That amount exceeds Medicaid long-term care spending in each state. Caregiving services included in the estimate are personal care, help with everyday tasks, and health-related interventions. The document presents data nationally and by state and concludes with policy recommendations to support and sustain family caregivers.
Article Author: 
Houser, Ari N.; Gibson, Mary Jo
Topics: 
N/A
Programs/Initiatives: 
N/A
Keywords: 
Long-Term Care
economic value; Insight on the Issues; unpaid contributions; out-of-pocket costs; economic insecurity

Contact

AARP Public Policy Institute
ppi@aarp.org
Phone: 
202-434-3890

Short URL: http://www.advancingstates.org/node/51786