Awg Workplace Eldercare Assistance Program 2.28

Eldercare Assistance Program

Eldercare issues appear suddenly after an accident or unexpected illness.
Quick decisions are necessary with little or no preparation or education.
Families often lack the skill or expertise required in assessing an elderly persons' needs or ability to live safely.
The vastness of the situation is incomprehensible and exacerbated by little knowledge of community and governmental resources.
No idea where to turn for assistance.
Eldercare Issues & Stress

Typically, a woman between the ages of 45 & 65, with 79% over the age of 50.
40% of caregivers are men.
Approximately 15% provide care to someone who lives more than 1 hour away.
Care provided is usually to a parent or grandparent and unpaid.
An estimated 21% of all US households provide care for an adult family member.
Above figures are provided by National Alliance for Care Giving & AARP 2004 Who is a Caregiver?

About Caregiver Stress
Caregiver stress is the emotional strain of care giving.
Most caregivers juggle care giving with full-time jobs and parenting.
Research shows that most dementia caregivers suffer from depression and stress.

Effects in the Workplace
Lack of productivity
Increased absenteeism
Workday interruptions
Leaving work early
Lack of concentration

Average loss of employee wage wealth at retirement: $566,443.00.
Nearly 40% of those surveyed reported that care giving effected their ability to advance on the job.
29% stated they had passed on a promotion due to care giving commitments.
Effect on caregivers economical contribution to the household Economic Issues

How is your organization assisting employees with issues related to eldercare?

Aging with Grace offers a comprehensive eldercare assistance program for working caregivers and their families that places resources a phone call away. IS your solution Aging with Grace

To educate the member on the options available and assists with creating a plan.
To coordinate the needed services.
To facilitate care options through the Aging with Grace Provider Network®.
Our Mission

Member Benefits
Unlimited telephonic access with experienced elder care specialists for assistance with immediate needs and long term planning.
Accredited Veteran Benefits Representative to assist with identifying available VA Programs.
Access to a dedicated area on the AWG web site that includes resource information and a Caregiver Tool Kit for Managing Care giver stress.
Exclusive member discounts for senior services and programs from participating providers.
Provider quality assurance and member satisfaction assurance programs.
Monthly caregiver newsletter.

Services to provide peace of mind for the elderly and those who care for them. A FREE service that helps monitor the safety of your medications Your personal, portable medical record that goes wherever you go. An affordable monthly support service that that in an emergency you are not alone. Personal support technology

Aging with Grace assists members to identify financial resources to plan all aspects of their long term care needs, including VA Pension Benefits under the direction of an Accredited Veteran Service Representative. Included with membership

Individual Membership
$39.95 a year
Workplace Benefit
Average cost of $6.00 per year per member/employee
Membership

More and more forward thinking employers are offering elder care services to help their workers manage this growing issue.
Taking good care of employees’ needs is taking good care of business.

ROI Health & Welfare Investment Number of Members 1000 Annual Price per Member 6.00 % of Members who will use AWG 10% Annual Cost for Aging With Grace $6,000 Estimated Members who will use AWG 100 Category Annual Cost per Member Care Giver * % Cost Reduction from Use of Aging With Grace Productivity Gains from Use of Aging With Grace Replacing Employees $413 5% $21 Absenteeism $320 15% $48 Partial Absenteeism $121 25% $30 Workday Interruptions $394 75% $296 Eldercare Crisis $238 30% $71 Supervisor Time $113 5% $6 Unpaid Leave $212 5% $11 Full-time to Part-time $299 10% $30 Total $2,110 $513 Savings from AWG Program $51299 Return On Investment 856%

The AWG Program Provides
Unlimited access to experts in the senior care field ready to answer questions and guide caregivers and their family through the maze of eldercare information, options, and services available.
Access to the right kind of information which allows an employee to balance their commitments to career and family.

Awg Workplace Eldercare Assistance Program 2.28

by Aging with Grace on Feb 28, 2010

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Awg Workplace Eldercare Assistance Program 2.28 — Presentation Transcript