*That’s 53 million people and growing.
Supporting them through and with engagement, empowerment, and emotional energy is how we build better.
As our population grows and ages, thousands more become caregivers every day. And because the care and funding systems that we usually turn to, like Medicare, do not cover long-term care, caregivers take on the burden themselves.
In total, family caregivers provide over 34B hours — worth $470B — of informal, unpaid care every year. There are real costs to them and their lives, families, career, and health on top of that.
And because the health care system is not built for those caring for a child or adult with disabilities or serious chronic conditions, caregivers take on the burden of navigating and coordinating care themselves.
8% higher healthcare costs
68% have problem sleeping
58% have feelings of depression
61% have career impact, delay or retirement
Employee's family caregiving needs increase.
More distracted at work, leading to impacts on productivity and “presenteeism”.
The need for more time off and absenteeism.
The eventual decision to leave the job to focus on caregiving or cut down to part-time.
AARP; Massachusetts Executive Office of Elder Affairs; Integrated Benefits Institute; Harvard Business School: Managing the Future of Work.
Engaging and empowering caregivers through an intentionally-designed, always-on experience.
Delivering care and services to caregivers and care recipients with empathy and expertise.
Enabling it all with innovative technology.