Valuing the Invaluable: The Economic Value of Family Caregiving (2008 Update)
This report, an update of the same report from the year before, reveals that the economic value of caregiving increased to $375 billion in 2007, up from $350 billion in 2006. The report also states that, in 2007, about 34 million family caregivers provided care at any given point in time, and about 52 million people provided care at some time during the year. The report presents state and national data used in the analysis, and it provides policy recommendations to support families in their caregiving roles.
Organization: AARP Public Policy Institute
Author Ari Houser and Mary Jo Gibson
Date November 2008
To View The Report http://www.aarp.org/research/ppi/ltc/care/articles/i13_caregiving.html