$8,728 a year. No vacations. No retirement savings. 23 hours a week and up.
This is the not-so-secret code of the long-distance caregiver:
- $8,728 is the average annual out-of-pocket cost;
- 47% stopped taking vacations to make up for caregiving costs and a lack of extra time;
- 35% stopped saving for retirement; and
- 23 hours up to 41 hours a week are spent on providing care depending on income.
Being a long-distance caregiver is incredibly stressful and frustrating. It’s difficult locating and vetting caregivers from a distance and the National Institute on Aging says there are approximately 7 million people in the United States trying to carry out this daunting task.
But there is help available.
Imagine working with a single care coordinator who, on your behalf, scrutinizes healthcare providers, offers assistance with financial questions, manages the care delivered by different physicians and other healthcare specialists, and generally takes on all tasks associated with providing care.
This care coordinator removes the burden from the family caregiver and puts it squarely on the care coordination provider. And with good reason. Organizations with expertise for providing care coordination services have the wherewithal and contacts within the industry to ensure a loved one’s care is delivered with the highest standards.
Care coordination organizations report to the family caregiver on all aspects of the loved one’s care, including medical and physical condition, outside activities and more. Essentially every aspect of care and activity is monitored and reported to the caregiver.
The care coordination organization and the caregiver are a team. Using the knowledge of the organization and the caregiver, the team makes decisions concerning the health and well-being of the loved one with the goal of improved health outcomes for the loved one, lower overall costs and far less stress for the caregiver.
This InnovAge blog is for informational purposes only, and is not intended to be a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician or other qualified health provider with any questions you may have regarding your health or medical needs.