Informal caregiving of elderly people by friends and relatives in the United States costs around (Dollar) 522 billion a year, reveals a new RAND Corporation study. Replacing that care with unskilled paid care at minimum wage would cost (Dollar) 221 billion, while replacing it with skilled nursing care would cost (Dollar) 642 billion annually. The study, published online by the journal Health Services Research, improves on earlier estimates about the value of informal caregiving ...
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titled Informal Caregiving for US Elderly Costs (Dollar) 522 Billion Annually.
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Tuesday, October 28, 2014
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