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"Each of us will inevitably face the great equalizer -- caregiving. Through her words Dr. Abramson makes a significant contribution to this demographic reality by providing us with an invaluable roadmap for how we care for others as they age and how we want to be cared for."
Dr. Fernando M. Torres-Gil
Former U.S. Assistant Secretary on Aging
U.S. Department of Health and Human Services
Director, UCLA Center for Policy Research on Aging
There are over 34 million caregivers in the United States -- one person turns 50 every eight seconds and 10,000 people turn 50 every day. Almost 100 million people in the U.S. have one or more chronic condition and over the next twenty-five years this number is expected to increase to 134 million Americans. Nearly one in four U.S. households is involved in caring for a relative or friend aged 50 or older. Caregiving is largely a women's issue with over 72 percent of caregivers being female, mostly wives and adult daughters. The aggregate "cost of caregiving" in lost productivity and absenteeism to United States businesses is between $11.4 and 23 billion dollars per year. This presentation strives to enhance employers understanding of what they can do to make access to eldercare easier for their employees, potentially resulting in a dramatic increase in their bottom line. The presentation also reviews the five social trends that affect the “crisis of caregiving” in our society and addresses what our workplaces must do to make corporate environments more favorable toward these trends.
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