The economic value of informal caregiving.

@article{Arno1999TheEV,
  title={The economic value of informal caregiving.},
  author={Peter S. Arno and Carol Levine and Margaret M. Memmott},
  journal={Health affairs},
  year={1999},
  volume={18 2},
  pages={
          182-8
        }
}
This study explores the current market value of the care provided by unpaid family members and friends to ill and disabled adults. Using large, national data sets we estimate that the national economic value of informal caregiving was $196 billion in 1997. This figure dwarfs national spending for formal home health care ($32 billion) and nursing home care ($83 billion). Estimates for five states also are presented. This study broadens the issue of informal caregiving from the micro level, where… CONTINUE READING

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