Economic Value of Family Caregiving: 2004 Peter S. Arno, PhD Department of Epidemiology and...
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![Page 1: Economic Value of Family Caregiving: 2004 Peter S. Arno, PhD Department of Epidemiology and Population Health Montefiore Medical Center Albert Einstein.](https://reader036.fdocuments.in/reader036/viewer/2022082517/56649ead5503460f94bb508f/html5/thumbnails/1.jpg)
Economic Value of Family Caregiving: 2004
Peter S. Arno, PhDDepartment of Epidemiology and Population Health
Montefiore Medical Center
Albert Einstein College of Medicine
Presented at the Care Coordination & the Caregiver ForumDepartment of Veteran Affairs
NIH, Bethesda MD, January 25-27, 2006
![Page 2: Economic Value of Family Caregiving: 2004 Peter S. Arno, PhD Department of Epidemiology and Population Health Montefiore Medical Center Albert Einstein.](https://reader036.fdocuments.in/reader036/viewer/2022082517/56649ead5503460f94bb508f/html5/thumbnails/2.jpg)
Economic Value of Family Caregiving, U.S., 2004(Billions of Dollars)
$306
$149
$483
$0
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
Low Estimate 27.0 Million Caregivers
@ $5.15/hr
Mid-Range Value 28.9 Million Caregivers
@ $9.92/hr
High Estimate 30.7 Million Caregivers
@ $14.68/hr
Bill
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![Page 3: Economic Value of Family Caregiving: 2004 Peter S. Arno, PhD Department of Epidemiology and Population Health Montefiore Medical Center Albert Einstein.](https://reader036.fdocuments.in/reader036/viewer/2022082517/56649ead5503460f94bb508f/html5/thumbnails/3.jpg)
Projected Number of Family Caregivers, 2004Based on Data from the National Survey of Families and Households (millions)
Number ofCaregivers
1987-88
USPopulation
1987-88
Caregivers/US Population
1987-88
USPopulation
2004
EstimatedNumber ofCaregivers
2004
Male 10.3 82.7 12.5% 102.6 12.8
Female 14.8 90.2 16.4% 109.2 17.9
Totals 25.1 172.9 14.5% 211.8 30.7
![Page 4: Economic Value of Family Caregiving: 2004 Peter S. Arno, PhD Department of Epidemiology and Population Health Montefiore Medical Center Albert Einstein.](https://reader036.fdocuments.in/reader036/viewer/2022082517/56649ead5503460f94bb508f/html5/thumbnails/4.jpg)
Projected Number of Family Caregivers, 2004Based on the Survey of Income and Program Participation, (millions)
CaregiverAge
USPopulation
1986
No.CaregiversUS, 1986
No.Caregivers/
US Population1986
USPopulation
2004
No.CaregiversUS, 2004
15-18 18.9 0.9 4.9% 16.7 0.8
19-29 43.0 3.6 8.3% 45.2 3.8
30-44 53.6 5.9 10.9% 63.9 7.0
45-64 44.7 6.8 15.2% 70.7 10.7
65-94 28.8 3.7 12.9% 36.3 4.7
Totals 188.9 20.9 11.1% 232.8 27.0
![Page 5: Economic Value of Family Caregiving: 2004 Peter S. Arno, PhD Department of Epidemiology and Population Health Montefiore Medical Center Albert Einstein.](https://reader036.fdocuments.in/reader036/viewer/2022082517/56649ead5503460f94bb508f/html5/thumbnails/5.jpg)
Family Caregivers by Gender, US Based on Data from the National Survey of Families and Households
42%
58%
0%
10%
20%
30%
40%
50%
60%
70%
Male Female
![Page 6: Economic Value of Family Caregiving: 2004 Peter S. Arno, PhD Department of Epidemiology and Population Health Montefiore Medical Center Albert Einstein.](https://reader036.fdocuments.in/reader036/viewer/2022082517/56649ead5503460f94bb508f/html5/thumbnails/6.jpg)
Distribution of Caregiving Hours Per WeekNational Family Caregiving Survey
24%
9%
22%
46%
0%
10%
20%
30%
40%
50%
<8 9-20 21-39 >40
Hours of Caregiving Per Week
% o
f C
areg
iver
s
![Page 7: Economic Value of Family Caregiving: 2004 Peter S. Arno, PhD Department of Epidemiology and Population Health Montefiore Medical Center Albert Einstein.](https://reader036.fdocuments.in/reader036/viewer/2022082517/56649ead5503460f94bb508f/html5/thumbnails/7.jpg)
Economic Value of Family Caregiving, U.S., 2004(Billions of Dollars)
$306
$149
$483
$0
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
Low Estimate 27.0 Million Caregivers
@ $5.15/hr
Mid-Range Value 28.9 Million Caregivers
@ $9.92/hr
High Estimate 30.7 Million Caregivers
@ $14.68/hr
Bill
ion
s o
f D
olla
rs
![Page 8: Economic Value of Family Caregiving: 2004 Peter S. Arno, PhD Department of Epidemiology and Population Health Montefiore Medical Center Albert Einstein.](https://reader036.fdocuments.in/reader036/viewer/2022082517/56649ead5503460f94bb508f/html5/thumbnails/8.jpg)
Family Caregiving by State, 2004
![Page 9: Economic Value of Family Caregiving: 2004 Peter S. Arno, PhD Department of Epidemiology and Population Health Montefiore Medical Center Albert Einstein.](https://reader036.fdocuments.in/reader036/viewer/2022082517/56649ead5503460f94bb508f/html5/thumbnails/9.jpg)
Home Care, Nursing Home Care, Family Caregiving and
National Health Expenditures, U.S. 2004
$43 $115
$306
$1,878
Home Care Nursing HomeCare
Economic Valueof InformalCaregiving(midrange)
Total NationalHealth
Expenditures
Expenditure data from Office of the Actuary, CMS, Smith C, et al., Health Affairs. 2006;25.
Bill
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