Caregiving Impact on Caregivers and Employers      Stuart Shwiff, Corporate & Foundation Officer      +1 651.789.6410 sshw...
Magnitude of Caregiving  Today & Tomorrow    According to AARP, about 42.1 million family caregivers in the United States ...
Emotional and Physical costs of  Caregiving  •   Employees who also serve as a caregiver at home report poorer health and ...
Cost of caregiving   Total annual cost of lost productivity                             $25.2 billion   to the U.S. econom...
MetLife Study of Caregiving Costs to WorkingCaregivers:The proportion of adult children providing personal care and/or fin...
MetLife Study of Caregiving Costs to WorkingCaregivers:For women the total individual amount of lost wages due to leaving ...
How we can help  SupportPlanner is a free online calendar that helps family  and friends coordinate care and tasks by:  • ...
How we can help  SupportPlanner example tasks:     •   Serve as a patient advocate     •   Offer breaks for caregivers    ...
Example community in motionSupportPlanner
Thank You!       More information about CaringBridge’s services:  •   SupportPlanner: a free online calendar that helps fa...
Sources1. AARP: Valuing the Invaluable:   2011 Update The Growing Contributions and Costs of Family Caregiving2. Gallup We...
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CaringBridge Support Planner For Caregivers

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Introducing the CaringBridge SupportPlanner, for caregivers, employees, and employers.

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CaringBridge Support Planner For Caregivers

  1. 1. Caregiving Impact on Caregivers and Employers Stuart Shwiff, Corporate & Foundation Officer +1 651.789.6410 sshwiff@caringbridge.org
  2. 2. Magnitude of Caregiving Today & Tomorrow According to AARP, about 42.1 million family caregivers in the United States provided care to an adult with limitations in daily activities at any given point in time in 2009, and about 61.6 million provided care at some time during the year1. Unpaid family caregivers will likely continue to be the largest source of long-term care services in the U.S.8 The aging population 65+ will more than double between the years 2000-2030, increasing to 71.5 million from 35.1 million in 2000.8SupportPlanner
  3. 3. Emotional and Physical costs of Caregiving • Employees who also serve as a caregiver at home report poorer health and more chronic disease than non-caregivers6. • Caregivers most unmet needs are finding time for themselves (35%), managing emotional and physical stress (29%), and balancing work and family responsibilities (29%).1 • 20-50% of caregivers report having depressive disorders or symptoms.1 • Many caregivers of family members experience a higher level of hostility and a greater decline in happiness.1 • 25% of women caregivers have health problems as a result of their caregiving activities.1SupportPlanner
  4. 4. Cost of caregiving Total annual cost of lost productivity $25.2 billion to the U.S. economy2 Total estimated lost work days per year among full-time employed 126,222,624 days caregivers2 Number of lost work days per year among full-time employed 6.6 days (30%) caregivers2 1-5 days (36%) 0 days (34%) Estimated total number of U.S. adults employed full-time who are 19,124,640 people caregivers2 Percentage of U.S. adults employed full time who are caregivers2 17% Increase in healthcare costs between caregiving and 8% non-caregiving employees6: (Extra $13.4 billion per year healthcare cost to U.S. employers)SupportPlanner
  5. 5. MetLife Study of Caregiving Costs to WorkingCaregivers:The proportion of adult children providing personal care and/or financial assistance to a parenthas more than tripled over the past 15 years.Currently, a quarter of adult children, mainly Baby Boomers, provide these types of care to aparent.Working and non-working adult children are almost equally as likely to provide care to parents inneed.Overall, caregiving sons and daughters provide comparable care in many respects, but daughtersare more likely to provide basic care and sons are more likely to provide financial assistance.The total estimated aggregate lost wages, pension, and Social Security benefits of thesecaregivers of parents is nearly $3 trillion.
  6. 6. MetLife Study of Caregiving Costs to WorkingCaregivers:For women the total individual amount of lost wages due to leaving the labor force early and/orreduced hours of work because of caregiving responsibilities equals $142,693.The estimated impact of caregiving on lost Social Security benefits is $131,351.A very conservative estimated impact on pensions is approximately $50,000.Thus, in total, the cost impact of caregiving on the individual female caregiver in terms of lost wagesand Social Security benefits equals $324,044
  7. 7. How we can help SupportPlanner is a free online calendar that helps family and friends coordinate care and tasks by: • Alleviating caregivers’ stress • Giving hours back to caregivers and their families • Providing physical and emotional support • Managing time and tasks supportplanner.caringbridge.orgSupportPlanner
  8. 8. How we can help SupportPlanner example tasks: • Serve as a patient advocate • Offer breaks for caregivers “Great site. It’s put together • Make meals well and is very easy to use.” • Provide transportation -Mike B. • Care for children or pets • Do household chores or lawn care • Run errands supportplanner.caringbridge.orgSupportPlanner
  9. 9. Example community in motionSupportPlanner
  10. 10. Thank You! More information about CaringBridge’s services: • SupportPlanner: a free online calendar that helps family and friends coordinate care and organize helpful tasks. • Sites: a personal, protected online space where you can post health updates and keep friends and family informed. • Amplifier Hub: our new online volunteer community. • CaringBridge brochures and materials. • Contact: Stuart Shwiff, Corporate and Foundation Officer, sshwiff@caringbridge.org or 612.414.1000 or 651.452.7940 (main)SupportPlanner
  11. 11. Sources1. AARP: Valuing the Invaluable: 2011 Update The Growing Contributions and Costs of Family Caregiving2. Gallup Wellbeing: Caregiving Costs U.S. Economy $25.2 Billion in Lost Productivity3. National Family Caregivers Association4. National Alliance for Caregiving5. AARP Foundation: Prepare to Care A Planning Guide for Families6. MetLife Study of Working Caregivers, and Employer Healthcare costs.7. MetLife Study of Caregiving Costs to Working Caregivers.8. Family Caregiver Alliance, National Center on Caregiving: Selected Caregiver Statistics

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