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Benefits Insights: Caregiver Benefits

According to a Gallup roll, 1 out of 6 full- and part-time working Americans are also a caregiver for a loved one. Typically, a caregiver is an unpaid individual who assists an elderly or disabled family member, relative, or friend. It is estimated by the National Alliance for Caregiving and ARPA that 70 percent of working caregivers are forced to miss an average of 6.6 days of work annually because of their care-giving responsibilities.

As the baby-boomer generation continues to age, it is likely that younger employees will take on caregiver responsibilities. Of the 129 U.S. benefits managers surveyed by the Northeast Business Group on Health (NEBGH) and AARP, 66 percent agree that caregiving will become an important issue to their workers over the next five years. Forty-five percent of these managers say that caregiving benefits are one of their top 10 priorities for health and benefits issues.

Learn more about what caregiver benefits look like, why your organization should consider offering them, and how you can implement moving forward here:

Benefits Insights: Caregiver Benefits PDF