National Alliance for Caregiving "New Research: Caregiving Valued at $522B Annually" for Wednesday, 29 October 2014

[National Network of Caregiving Coalitions]     Update from the   National Alliance for Caregiving A new study from RAND estimates the value of family caregiving at $522 billion dollars annually. More below.  Cost of family caregiving in U.S. estimated to be $522 billion a year, study saysWashington Post | October 28, 2014 "The cost of informal caregiving for aging family members in the United States is estimated to be $522 billion a year, or about 15 percent larger than Virginia's entire economy, a new study has found. The RAND Corp. arrived at the estimate by tallying the hours friends and family devote to elder care and calculating the cost if that work were performed by unskilled workers earning the minimum wage. The cost would be higher - an estimated $642 billion a year - if skilled nursing care was used instead, the nonprofit organization said. By comparison, Virginia's total GDP in 2013 was about $453 billion, according to the U.S. Commerce Department's Bureau of Economic Analysis." # Have something to share with our network of Caregiving Coalitions and Advocates? Email Grace at gracewhiting@caregiving.org with your submission.  [Caregiving Listserve] from the National Alliance for Caregiving We've gotten a lot of great interest in the Working Family Caregiver Champions grant program and want to make sure that you have time to submit your application.  The deadline for our Champions mini-grant program has been extended tomidnight, next Wednesday, November 5th. Please submit your application togracewhiting@caregiving.org on or before this date.  Application & Caregiving Champion information at www.caregiving.org  For your background information, some notes about the application:   Events should focus on family (volunteer or informal) caregivers, not direct-care or professional workers.   Event details and Champions do not have to be finalized for the application - we're looking for your concept and that your organization has the capacity to create a successful event.   Coalitions from any state can apply, although because this is a pilot program, preference will be given to applications from the states listed in the application. There are only 8 total awards.   The Alliance, ReACT, and Pfizer teams will provide guidance and technical assistance following the grant awards, especially on legislative outreach and media/communications.  For questions, contact the Alliance's Director of Communications & Coalitions, C. Grace Whiting at gracewhiting@caregiving.org.  The Caregiving Champions program is generously  supported by Eli Lilly and Pfizer.  #   We're interested in continuing the conversation on caregiving. If you have something to say, send it to Grace at gracewhiting@caregiving.org to be shared with this listserve.

National Alliance for Caregiving 4720 Montgomery Lane, Suite 205 Bethesda, Maryland 20814 United States

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