closeup of elderly hand on cane and younger hand on top Nearly 80% of working caregivers either left their jobs during COVID or are considering leaving their jobs because of difficulty balancing work and caregiving. (Photo: iStock)

It's easy to think of caregiving as an event: a period of time when you have to care for an aging parent, sick spouse, or child and in which your biggest needs are backup care like a babysitter or a home health aid. But this is a mistake. For more people than ever, caregiving is a lifestyle. More than 50 million Americans are caring for their loved ones while also holding down full- or part-time jobs, and 83% of them have taken on more caregiving responsibilities during the pandemic. These hours of work combined with hours of caregiving create an array of physical, emotional and financial challenges.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.