In 2013, my mother fell in her kitchen and broke her right hip. After returning home, she required extra in-home care. We hired a live-in caregiver during this initial phase of recovery and eventually settled into a schedule of hiring someone at an affordable cost to care for her for three hours per day during the week.
Over the last year, my mom’s health has declined and we have increased the number of hours of in-home care. The cost of in-home care has risen as the demand for caregivers has increased. Families are struggling to take care of their aging loved ones, finding that they cannot always afford to hire caregivers.
The Cost of Being a Caregiver
In years as recent as 2013, organizations like AARP have conducted surveys which tallied that 40 million caregivers provided 37 billion hours of care worth an estimated $470 billion to loved ones—including spouses, parents, partners, children, and more.
In 2016, AARP estimated that family caregivers spend an average of $6,954 on out-of-pocket costs associated with caring for their families.
A state-by-state comparison
Source: MetLife 2011 Market Survey of Long-Term Care Costs
Utilizing the assistance provided by Severino Health Advocates may help you find the best possible caregiver for your family member! Contact Sue Severino today.
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