Navigation Links
AARP Finds Value of Unpaid Family Caregiving in Illinois Hits $17 Billion
Date:11/26/2008

Hard Economic Times See Billion Dollar Increase in Value of Family Members Taking Care of Relatives in State

CHICAGO,Nov. 26 /PRNewswire-USNewswire/ -- With the economy continuing it's downward turn, family caregivers are stepping up to the plate to help loved ones in need. A new AARP report found the value of unpaid family caregiving in Illinois hits over $17 billion, more than a $1 billion increase since 2006. While nearly 1.5 million family and friends in the state provide care for relatives, that number climbs as high as 2.3 million when short-term caregivers are taken into account.

According to the AARP Public Policy Institute Report, nationally, the value of family caregiving is $375 billion - 7 percent higher than in 2006, when the estimated value was $350 billion. The value exceeds the $311 billion spent on Medicaid in 2007.

"Family caregivers are a vital and largely unrecognized part of Illinois' and the nation's health and long-term care system," said Bob Gallo, Sr. State Director for AARP in Illinois. "We often overlook how much family and friends contribute--whether it's picking up groceries each week or providing daily health care for their loved ones."

The AARP report, "Valuing the Invaluable, The Economic Value of Family Caregiving, 2008 Update," estimates that 34 million Americans provide more than 20 hours of care per week to another adult, making informal caregiving a cornerstone of U.S. health and long-term care.

"Family caregivers are likely to be stretched even further in today's tumultuous economy," added Gallo.

The AARP report notes that informal caregivers of people 50-plus spent an average of $5,531 out-of-pocket in 2007 to care for their loved ones. That spending is often coupled with lost workdays, wages, health insurance and retirement savings. More than one-third of informal caregivers are for
'/>"/>

SOURCE AARP
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Annual report to the nation finds declines in cancer incidence and death rates
2. Pregnancy study finds strong association between two antidepressants and heart anomalies
3. Study of ancient and modern plagues finds common features
4. Allsup Finds Healthcare Costs Consuming Larger Part of Fixed Incomes
5. Report finds extensive use of illicit alcohol
6. New Study Finds CO2 Ablative Fractional Resurfacing Safe And Effective For Deep Acne Scarring
7. Study finds Canadas supervised injection facility cost-effective
8. Gulf War research panel finds 1 in 4 veterans suffers from illness caused by toxic exposure
9. Research Finds The Brazilian Acai Absorbs Much Better Than Any Other Fruit
10. Quitting Smoking Saves Lives and Money: New American Lung Association Report Finds Most States Failing to Adequately Protect Residents and Their Bottom Line
11. The miseries of allergies just may help prevent some cancers, study finds
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/20/2014)... August 21, 2014 Recently, UWDress.com, the ... new selection of birthday party dresses for girls ... items are well-designed and exquisitely handmade by experienced specialists. ... 58 percent off. , The company’s new items come ... gowns, short knee length frocks, long elegant backless gowns ...
(Date:8/20/2014)... iFitDress.com, the well-known wedding dress manufacturer and retailer, has ... gowns . All items in the fresh collection are ... , iFitDress.com is among the hardest working suppliers ... to help clients worldwide to keep pace with the ... professional. According to its development manager, all its products ...
(Date:8/20/2014)... Top10BestSEOHosting.com is a website dedicated ... products. It is headed by a team of ... offers research-based information and factual studies about the ... current market. , Recently, Top10BestSEOHosting.com has compared ... GoDaddy and Bluehost are the most recommended ...
(Date:8/20/2014)... Angeles, CA (PRWEB) August 20, 2014 An ... “How to Keep Skin Looking Young at Every ... all ages maintain healthy skin . These recommendations ... age specific suggestions for women ages 25-45 and beyond. The ... and women of any age and includes using sunscreen religiously, ...
(Date:8/20/2014)... Park, Florida (PRWEB) August 20, 2014 ... over by Dr. Michael A. Sherman, a top graduate ... recently improved upon the value of its website through ... Located in the News section of parkavenuedentalfl.com, the blog ... from mere “fluff” or “filler” material, instead concentrating on ...
Breaking Medicine News(10 mins):Health News:Cheap Birthday Party Dresses for Girls Now Available at UWDress.com 2Health News:iFitDress.com Releases a New Range of Cheap Evening Gowns 2Health News:New Reviews For Linux Web Hosting Suppliers Announced By Top10BestSEOHosting.com 2Health News:Simon Ourian, Kim Kardashian’s Doctor, On Healthy Skin Suggestions for Every Age 2Health News:Park Avenue Dental Provides Dental Care Tips for World Wide Community on New Website Blog 2Health News:Park Avenue Dental Provides Dental Care Tips for World Wide Community on New Website Blog 3
... researchers from the University of California, they have observed that ... for developing Osteoarthritis. Osteoarthritis is a tissue change in the ... percent to 30 percent of adults over 40 years old. ... or older suffer from osteoarthritis. They conducted a study to ...
... study a clot-buster injection may unclog a mechanical heart ... researcher from University Hospital in Germany,// felt that this ... for heart failure patients who receive left ventricular assist ... mechanical pump-like device that is surgically implanted to maintain ...
... at the American Urological Association,k overweight men are more ... 40% of 1980 men surveyed between the ages of ... These men also were more likely to be older, ... Men with a waistline measuring 40 inches were nearly ...
... the United States smoking is the leading preventable cause ... people from smoking. A new study finds the more ... to start smoking. //The risk of disease increases the ... million adolescents smoke and that number has been increasing ...
... one crore documentation based care (DBC) centre project in Chennai ... first of its kind in the country. Dr Pratap Reddy, ... revolutionary concept resulting from over 25 years of international research, ... Finland who has already set up 55 such centres across ...
... Lung cancer can be effectively controlled with a higher ... for lung cancer involves a daily dose of radiotherapy five ... been found from a more intensive programme known as CHART ... researchers at the Mount Vernon Hospital, Middlesex, England, have taken ...
Cached Medicine News:
(Date:8/20/2014)... , Aug. 20, 2014 Northstar Global ... that after months of hard work from many ... new Snorenz formulation and package design.  The new ... B-6 back into the product due to overwhelming ... lasting effects.  Snorenz Nighttime will also include these ...
(Date:8/20/2014)... , Aug. 20, 2014  The National ... the latest results achieved by the real-time, pseudoephedrine ... the National Precursor Log Exchange (NPLEx), automatically blocks ... track down meth offenders and make arrests. Data ... Indiana blocked the sale of ...
(Date:8/20/2014)... Md. , Aug. 20, 2014  The ... lauded the latest results achieved by the real-time, ... as the National Precursor Log Exchange (NPLEx), automatically ... officials track down meth offenders and make arrests. ... Kentucky blocked the sale ...
Breaking Medicine Technology:Northstar completes the first phase of its new retail strategy and prepares to ship reformulated Snorenz with all new packaging 2Indiana's Stop-Sale System Achieves Significant Results In Battle Against Meth 2Kentucky's Stop-Sale System Achieves Significant Results In Battle Against Meth 2
... 6, 2011 Actavis, an international generic pharmaceuticals ... approval from the US Food & Drug Administration ... mg CIV.  Distribution of the product has commenced. ... to launch Zolpidem Tartrate Extended-Release Tablets 6.25 mg strength ...
... June 6, 2011 Brainlab announced today ... acquire Voyant Health. Voyant Health,s core technology, ... and to plan and digitally template surgical procedures from ... the operating room (OR). Another key technology is VoyantLink™, ...
Cached Medicine Technology:Actavis Receives FDA Approval of Zolpidem Tartrate Extended-Release Tablets USP, 12.5 mg CIV in the U.S. 2Brainlab Acquires Voyant Health 2Brainlab Acquires Voyant Health 3
Sterile Disposable Thermal Cautery Tips for Vasectomy. Individually peel-pouched with dual plastic sheaths to cover non-sterile handle. Box of 10 tips....
... ideal for applications such as vasectomy ... , ,The autoclavable handpiece with six-foot ... thermal cautery electrodes, allowing the physician ... a wide variety of procedures., ,The ...
Non-Cantilevered Ringed Forceps. ("fixation clamp") For vasectomy and other procedures. Ring diameter approximately 3.0 mm....
... for users of "completely-in-the-canal" (CIC) instruments ... - must send eartip., ,Impressions ... ,Westone custom products for the ... network of hearing healthcare providers. These ...
Medicine Products: