Economic Value of Family Caregiving: 2004

Peter S. Arno, PhDDepartment of Epidemiology and Population Health

Montefiore Medical Center

Albert Einstein College of Medicine

Presented at the Care Coordination & the Caregiver ForumDepartment of Veteran Affairs

NIH, Bethesda MD, January 25-27, 2006

Economic Value of Family Caregiving, U.S., 2004(Billions of Dollars)

$306

$149

$483

$0

$50

$100

$150

$200

$250

$300

$350

$400

$450

$500

Low Estimate 27.0 Million Caregivers

@ $5.15/hr

Mid-Range Value 28.9 Million Caregivers

@ $9.92/hr

High Estimate 30.7 Million Caregivers

@ $14.68/hr

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Projected Number of Family Caregivers, 2004Based on Data from the National Survey of Families and Households (millions)

Number ofCaregivers

1987-88

USPopulation

1987-88

Caregivers/US Population

1987-88

USPopulation

2004

EstimatedNumber ofCaregivers

2004

Male 10.3 82.7 12.5% 102.6 12.8

Female 14.8 90.2 16.4% 109.2 17.9

Totals 25.1 172.9 14.5% 211.8 30.7

Projected Number of Family Caregivers, 2004Based on the Survey of Income and Program Participation, (millions)

CaregiverAge

USPopulation

1986

No.CaregiversUS, 1986

No.Caregivers/

US Population1986

USPopulation

2004

No.CaregiversUS, 2004

15-18 18.9 0.9 4.9% 16.7 0.8

19-29 43.0 3.6 8.3% 45.2 3.8

30-44 53.6 5.9 10.9% 63.9 7.0

45-64 44.7 6.8 15.2% 70.7 10.7

65-94 28.8 3.7 12.9% 36.3 4.7

Totals 188.9 20.9 11.1% 232.8 27.0

Family Caregivers by Gender, US Based on Data from the National Survey of Families and Households

42%

58%

0%

10%

20%

30%

40%

50%

60%

70%

Male Female

Distribution of Caregiving Hours Per WeekNational Family Caregiving Survey

24%

9%

22%

46%

0%

10%

20%

30%

40%

50%

<8 9-20 21-39 >40

Hours of Caregiving Per Week

% o

f C

areg

iver

s

Economic Value of Family Caregiving, U.S., 2004(Billions of Dollars)

$306

$149

$483

$0

$50

$100

$150

$200

$250

$300

$350

$400

$450

$500

Low Estimate 27.0 Million Caregivers

@ $5.15/hr

Mid-Range Value 28.9 Million Caregivers

@ $9.92/hr

High Estimate 30.7 Million Caregivers

@ $14.68/hr

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Family Caregiving by State, 2004

Home Care, Nursing Home Care, Family Caregiving and

National Health Expenditures, U.S. 2004

$43 $115

$306

$1,878

Home Care Nursing HomeCare

Economic Valueof InformalCaregiving(midrange)

Total NationalHealth

Expenditures

Expenditure data from Office of the Actuary, CMS, Smith C, et al., Health Affairs. 2006;25.

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