Dr.Kathy Johnson, PhD, CMC
New findings regarding elder care have been released by the Families and Work Institute. Findings were such that 42% of the U.S. workforce — nearly 54.6 million employees – have cared for an elderly parent or relative over the past five years. That means that approximately one in five people are caring for someone with Alzheimer’s, dementia, or other neurological disorder.
The article highlights Maria Shriver’s Report: A Woman’s Nation Takes on Alzheimer’s, which was created with the Alzheimer’s Association. The report goes on to say that “the annual per patient cost of Alzheimer’s is $56,800, with 60% of those costs being borne by families. The estimated societal cost is $300 billion a year.”
The Shriver Report further supports past research that women are more likely to provide care – 44% of women compared to 38% of employed men provide care on a regular basis rather than on an intermittent basis.
In the coming years, an increasing portion of the workforce will be providing care to parents and other family members, so it is important to start factoring this into future plans.