As of 2011, about ten million Americans ages sixty-five and older were living in setting other than nursing homes and receiving help from caregivers, frequently family members. (Photo: Shutterstock)
A new study by Health Affairs outlines the high financial burden being shouldered by working-class families who provide care for aging parents and other relatives. These caregiving costs for families is likely to double over the next 30 years, the study found.
The study said that the aging population is creating unprecedented numbers of older Americans with complex and costly health care needs. Many of them rely on family members for caregiving, and the strain this puts on working Americans is increasing over time.
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