New AARP Report Finds that Family Caregivers Provided Care Valued at $450 billion in 2009

AARP recently conducted research on "Valuing the Invaluable: 2011 Update. The Growing Contributions and Costs of Family Caregiving."  The study aimed to quantify in monetary terms the tremendous amount of care and support that family caregivers give to their loved ones.

Family support is critical to remaining in one’s home and in the community, but often comes at substantial costs to caregivers themselves, to their families, and to society.  If family caregivers were no longer available, the economic cost to the U.S. health care and long-term services and supports (LTSS) systems would increase astronomically.
 
Something to think about in light of the looming budget cuts to programs that help older people and people with disabilities remain in their homes.
 
Read the Fact Sheet or the full report.