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.
Who is a Caregiver?
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 for 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
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.*
*Alzheimer’s Association 2006
Effects in the Workplace
Lack of productivity
Lack of concentration
Average loss of employee wage wealth at retirement: $566,443.00.
Nearly 40% of those surveyed reported that care giving affected their ability to advance on the job.
29% stated they had passed on a promotion due to care giving commitments.
Above figures provided by MetLife Caregiving Cost Study June 2006: Productivity Losses to US Business
Caregiving & Work 68% of family caregivers caring for someone over the age of 50 are working National Alliance for Caregiving 2009
Is your organization offering employees an eldercare benefit?
Why Care About Working Caregivers? Caregiver audience is large . . . and works
43.5 million caring for adult family member 50+
Over half (55%) also are holding down and FT or PT employment
A huge “silent workforce” providing unpaid care to aging loved ones: More than 150x larger than Wall Street’s workforce More than 175x larger than the automobile industry’s workforce More than 20x larger than Walmart’s workforce Sources: NAC/AARP/MetLife-Study (2009), Caring.com research
Aging with Grace is THE solution to address the growing work/life issue of elder caregiver stress in the workplace.
To educatethe 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®.
How we can help With this unique program, members have unlimited access to experts in the senior care field ready to answer questions and guide them and their family through the maze of eldercare options available.
How the Aging with Grace Process Works . Care specialist assists with formulating solutions Educate Options Resources Member speaks with Care specialist to identify concerns and gather necessary info. Call to AWG If eligible for VA Disability Pension assistance provided by an accredited Veteran Service Representative. Provide information about Medicare or Medicaid Eligibility. Establish next steps Coordinate & Facilitate Needed service providers & programs Senior Living Communities Local and Regional Resources
Elder Law Attorneys
Geriatric Care Mgr.
Senior Move Managers
Adult Day Care
In Home Support Technology:
* AWG Personal Health Record
* Medical Alert System
* Medication Monitoring System * Free Medication Safety Program * FineThanx Automated Wellness Call System Home Care Services
Unlimited telephonic access with experienced elder care specialists for assistance with immediate needs and long term planning.
Accredited Veteran Claims Agent 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 programs.
Monthly caregiver eNewsletter.
Personal support technology Your personal, portable medical record that goes wherever you go. A FREE service that helps monitor the safety of your medications An affordable monthly support service that in an emergency you are not alone.
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 Claims Agent. Included with membership
$39.95 per year
Paid Benefit – as little as $.35 pm/pm
Voluntary Benefit - $34.95/yr
Taking good care of employees’ needs is taking good care of business. Forward thinking employers are offering eldercare services to help their workers manage this growing workplace issue.
Employer ROI Above figures are provided by MetLife Caregiving Cost Study June 2006: Productivity Losses to US Business
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.