Silver Book Fact

Lost wages for family caregivers

The total impact of caregiving on lost wages for family caregivers age 50 and older is $283,716 for men, and $323,880 for men.

MetLife Mature Market Institute. The MetLife Study of Caregiving Costs to Working Caregivers: Double jeopardy for baby boomers caring for their parents. MetLife Mature Market Institute; June 2011. https://www.metlife.com/mmi/research/caregiving-cost-working-caregivers.html#key%20findings

Reference

Title
The MetLife Study of Caregiving Costs to Working Caregivers: Double jeopardy for baby boomers caring for their parents
Publisher
MetLife Mature Market Institute
Publication Date
June 2011
Authors
MetLife Mature Market Institute
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2007, the Medicare program had about 44 million enrollees and expenditures of $432 billion, up from $408 billion the previous year. Expenditures for the new Medicare drug program (Part…  
  • In 2007, growth in national health spending is projected to decelerate slightly to 6.6%, while spending growth among private payers and Medicaid accelerates.  
  • By 2017, U.S. health care spending is expected to grow to more than $4.3 trillion and comprise 19.5% of the GDP.  
  • National Health Expenditures and Their Share of Gross Domestic Product, 1960-2006  
  • By 2020, 81 million people will have 2 or more chronic conditions.