Employees Are Being Called Upon to Become Caregivers

Employees are being called upon to become caregivers

One of the biggest challenges for companies today is that employees are increasingly being called upon to become caregivers for elderly and/or ill relatives. Almost 66 million Americans, or one in every four, is a caregiver and it is estimated that over 16 million people in the U.S. who serve as primary caregivers are also employed full time. The cost to their employers in terms of absenteeism, lost productivity and turnover is estimated at over $30 billion annually. We are speaking with Debby Henkens,an independent health care consultant for IngeniumCare, a health IT company that develops advanced technology solutions to help individuals with health concerns living at home or in facilities to be as safe and independent as possible. Many Americans with health issues, whether they are elderly, have a chronic illness, disability, or other condition, need help staying connected to their family and caregivers. The impact on businesses is likely to increase as several population and health trends converge. Every day, approximately 10,000 Baby Boomers are turning 65, with a total cohort of 75 million people. The incidence of Alzheimer’s Disease increases with age and as many as 50% of individuals over age 85 may develop the disease. People are living longer with more chronic illnesses and due to the healthcare funding crisis, there is more pressure to provide healthcare services in the home. All of this adds up to more employees being actively involved with care giving, which can be physically and emotionally exhausting. Long-distance care giving, a situation many adult children find themselves in, can be extremely stressful and take a great deal of time away from work. One of the biggest opportunities for companies today is to support their employees who are care givers so that they maintain their productivity, energy, and creativity. Companies that do this will build employee loyalty, reduce healthcare costs if they are self-insured, and attract talented new employees who appreciate these benefits…there is more great advice…

Aesthetic consulting