Social and Financial Costs of Millennial Dementia Caregivers

A report by the Center for Healthcare Innovation.

Abstract

With the prevalence of Alzheimer’s disease expected to impact 16 million individuals by 2050, younger generations will increasingly assume caregiving responsibilities. More than a third of today’s caregivers are employed full-time. As millennials take on informal caregiving responsibilities, public and workplace policies must consider financial assistance or other support (e.g., family leave or allocated time off). This report explores the economic impact of the shift to millennial caregivers and the higher rate of incidence of Alzheimer’s disease in minority groups. The report concludes with a discussion of strategies at the organizational-and system-level to support millennial caregivers.

Calls for Action

  1. Define public policy in supporting family caregivers in providing care.
  2. Address how universities can better support student caregivers.
  3. Companies and employers take the lead in supporting working caregivers.
  4. Caregiver supports begin in communities.

Figure 1. U.S. population 65+ (in millions)

To view the white paper, click here.
To view the best practice, click here.

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Categories: North America

Tags: , , ,

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