Fascinating Facts and Statistics on Informal In Home Assisted Living

by Adam RNO1/
Fascinating Facts and Statistics on Informal In Home Assisted Living

As a society, our elderly are making up an increasingly larger percentage of our growing population and that number will only continue to rise exponentially. For example, according to the AOA (Administration on Aging):

The 65 and older crowd has increased from 35 million in 2000 to 40 million in 2010, a growth of 15%From 2010 to 2020, it’s estimated to grow by 36% to 55 millionBy 2030, there will be over 72 million senior citizens, over twice their number in 2000.

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People over the age of sixty-five represented 13% of the population in the year 2010, but their numbers are expected to grow to almost 20% of the population by 2030. The 85 and older group is projected to rise from 5.5 million in 2010 to 6.6 million in 2020, a 19% increase for that decade.

Along with their tremendous growth, the number of informal in home caregivers, friends and family members who look after this aging population has also continued to rise. Already in the United States, almost 66 million caregivers make up over 29% of the adult population. Around 43% of these adult caregivers are looking after someone who is over the age of fifty and almost 15% of those are caring for someone suffering with Alzheimer’s or other forms of dementia.

ASSISTANCE AND SUPPORT
Almost half of these caregivers reported using outside forms of assistance for at least one of these  specific types of help on the behalf of their care recipient:

Paid in home care assistance = 35%Transportation services = 29%Resources for financial assistance = 28%Respite care = 12%. The top three topics of concern to caregivers are keeping their loved one safe (37%); managing their own stress (34%); finding easy activities to do with their care recipient (34%); and finding more time for themselves.

COMPARATIVE COSTS
The value given to informal caregivers, those unpaid family and friends who look after aging loved ones, was reported at $450 billion in 2011. Compare that to the annual sales of Walmart at $408 billion in 2009 and nearing the total expenditures for the Medicaid program at $509 billion in the same period. The value of those caring for people suffering from Alzheimer’s and dementia was reported at over $202 billion in 2009.

TOLL ON CAREGIVERS
While 8% of caregivers report they feel their overall health is improved by looking after a loved one, many guardians report mental and emotional issues associated with their duties.

Somewhere between 40% to 70% of family caregivers have clinically significant symptoms of depression with about a quarter to half of these caregivers meeting the diagnostic criteria for major depression.20% of caregiving women over the age of fifty show signs of depression.Caregivers who look after a person with mental or health issues are more likely to suffer a decline in their own health.Caring for people with dementia has been shown to affect the caregiver’s immune system for up to three years after care has stopped, increasing their risk of developing a chronic condition themselves.

If you need help caring for your aging loved one, please contact us and we can discuss the many affordable options available. Everything from a weekly one hour visit to complete round-the-clock care. Let our qualified professionals lift some of the burden from your caregiving duties.