For Businesses
Businesses Lose $33 Billion Annually Due to Employees Taking Care of an Elderly Family Member. *
In a study performed by the Center for Medicaid and Medicare Services:
- 56% of respondents said they were less productive at work
- Today’s elderly population of 35 million will increase to over 70 million by 2030.
- 80% of all care received by older adults is provided by family and friends.
How can Elder Care Consulting, Inc. help?
‘Passive’ time taking care of seniors contributes to a high percentage of the time lost; finding correct facilities, in-home care, Medicare/Medicaid options and becoming knowledgeable on programs to ensure the best care at the best cost is obtained. Elder Care Consulting, Inc. has performed the legwork for you.
We service the Upstate area and provide information and referrals on:
- VA Benefits and options
- Medicare/Medicaid
- Home Health Services
- Day Care Services
- Reverse Mortgages
- Long Term Care Insurance
We also provide a detailed list of Independent Living, Assisted Living, Alzheimer’s and Skilled Care communities; including all associated costs of beds, pets and more. Information on respite care, determining Activities for Daily Living (ADL’s), Long-Term Care Insurance, reverse mortgages and more is also included.
We will come to your facility and provide a presentation on all options and what is available to the employed caregiver- providing the employee with a manual containing the information to make informed decisions.
The benefit to the company for utilizing our service includes:
- Increased attendance
- Reduced turnover
- Reduced lost time at work
- Increased productivity
- Increased employee morale and dedication to the organization
Benefits to the employee include:
- Reduced stress at work and at home
- More time for work and family- not taking time away from both to gather information
- Cost savings to the employee from reduced lost time and pay from work, coupled with gas and expenses identifying options
- Reduced time depending upon friends or relatives to look after dependent senior member, or paying for senior sitter services
- More time to spend with the one being cared for
Want to know more about how much is your organization losing?
Visit www.eldercarecalculator.org to see.
(This will also provide a link to the Metlife Mature Market Institute Caregiving Cost Study.)
Sources:
Metlife Mature Market Institute
www.metlife.com/cao/mmi/publications/studies/mmi-studies-caregiver-cost-study.pdf
Center for Medicaid and Medicare Services
www.medicare.gov/publications/pubs/pdf/11035.pdf
*from The Metlife Cargiver Cost Study: Productivity Losses to U.S. Business





