Estimating the Quantity and Economic Value of Family Caregiving for Community-Dwelling Older Persons in the Last Year of Life (2009)
This article uses data from the Health and Retirement Study to estimate the quantity and economic value of informal caregiving provided to older adults during their final year of life in the community. The authors found that older people who died in the community received an average of 65.8 hours per week of informal care. The economic value of that care ranges from $22,514 to $42,351 per caregiver, which is equivalent to the annual direct replacement costs with a home aide in 2002. That totals $1.4 billion nationally.
Citation Rhee, Y., Degenholtz, H., LoSasso, A., & Emanuel, L. (2009, September). Estimating the quantity and economic value of family caregiving for community-dwelling older persons in the last year of life. Journal of the American Geriatrics Society, 57 (9). 1654-1659.
Author YongJoo Rhee, Howard B. Degenholtz, Anthony T. Lo Sasso, Linda L. Emanuel
Date September 2009
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