Valuing the Invaluable: The Economic Value of Family Caregiving, 2008 Update
Article Publication Date
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.
Topics
Types/Tools
Populations
Sources
Programs/Initiatives
States
Keywords
economic value; Insight on the Issues; unpaid contributions; out-of-pocket costs; economic insecurity
Contact
AARP
Public Policy Institute
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ppi@aarp.org
Phone
202-434-3890