Care Concierge NY’s integrated approach sets it apart. In addition to homecare management, patient advocacy and budgeting & cash flow management, we can introduce you to valuable resources to enhance your and your loved one’s quality of life. Below, please find a small sampling of our resources:
Long-Term Care Statistics
How Many Americans will Need Long-Term Care? At What Cost?
Based on today’s costs of care, roughly 27 percent of us will see costs of care of at least $100,000, with costs in excess of $250,000 for about 15 percent of those who need care.[1] These figures do not include the significant financial and emotional costs of the large portion of care that is provided by unpaid family caregivers.
Journal of Aging Life Care: The Good News and Bad News for Private Financing for Long-Term Care (LTC) Needs by Eileen Tell, MPH. [1] Bipartisan Policy Center, February 2016
Who are Caregivers?
We are able to estimate there are 34.2 million adults in the United States who have been a caregiver to an adult age 50 or older in the prior 12 months (roughly 14.3% of all American adults are a caregiver to someone age 50 or older).
National Alliance for Caregiving in collaboration with AARP; 2015 Update
The majority of caregivers are female (60%), but 40 percent are male. Eight in 10 are taking care of one person (82%). They are 49 years of age, on average. A large majority of caregivers provide care for a relative (85%), with 49 percent caring for a parent or parent-in-law.
National Alliance for Caregiving in collaboration with AARP; 2015 Update
The Cost of Free Family Caregiving:
The value of the services family caregivers provide for “free,” when caring for older adults, is estimated to be $375 billion a year. That is almost twice as much as is actually spent on homecare and nursing home services combined ($158 billion).
Evercare Survey of the Economic Downturn and Its Impact on Family Caregiving. National Alliance for Caregiving and Evercare. March 2009
U.S. businesses lose up to an estimated $33.6 billion per year in lost productivity from full-time working caregivers.
Understanding the Impact of Family Caregiving on Work; AARP Public Policy Institute Fact Sheet. Oct. 2012.
47% of working caregivers indicate an increase in caregiving expenses has caused them to use up ALL or MOST of their savings.
Evercare Survey of the Economic Downturn and Its Impact on Family Caregiving. National Alliance for Caregiving and Evercare. March 2009
Memory Loss & Managing Finances
Impaired memory may lead to unpaid bills and overspending on unnecessary items and solicitations. How long will your or your loved one’s assets last? Care Concierge NY can assist you with budgeting, and cash flow management.
Social Activity Planning
Care Concierge NY can identify local cultural and stimulating activities based on a client’s interests–anything from museums to bridge clubs to adult exercise classes. We will customize a monthly calendar of stimulating activities for you, your spouse, or parent. Below are sample activities:
The New-York Historical Society (Arts & Minds)
Explore the art and history of New York and the nation through gallery discussion followed by art-making workshops.
The Rubin Museum of Art – “Mindful Connections”
Explores the transformative power of the art and culture of the Himalayan Asian region and promotes conversation and engagement with works of art and one another. Please note these programs run the third Friday of each month.
Rhythm Break Cares – “Tea Dance Social”
Join us for an afternoon of socializing while experiencing the healing power of music, dance and touch. There is a suggested donation for the program.
Support Groups
Alzheimer’s Association New York City Chapter
600 Third Avenue, 2nd FL
NY, NY 10016
http://www.alz.org/nyc/
Contact us at Aaron@CareConciergeNY.com