Cost of family caregiving skyrockets
The unpaid work provided by family caregivers is valued at an estimated $600 billion, according to the latest report in AARP's "Valuing the Invaluable" series. This is a $130 billion increase in unpaid contributions from family caregivers since the last report was released in 2019. The economic impact of $600 billion is more than all out-of-pocket spending on healthcare in the US in 2021 and highlights the need for organizations to engage with and support family caregivers.
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