Informal caregiving is a major source of long-term care (LTC) and long-term supports and services (LTSS) more broadly. The benefit of informal caregiving is appreciated by those receiving it, and most caregivers find purpose in their work. The costs of caregiving fall on employers, other family members, the health care service sector, stakeholders in the LTSS system, and most importantly the caregivers themselves. Providing support to these caregivers can therefore benefit employers, employees, and their families, as well as the many payors of formal LTSS.
Hear from three experts in caregiving who will provide their perspective about how to support information caregivers — operationally and financially — to help them succeed in their purpose. Understand benefits this support can have to the other stakeholders in today’s LTSS system.
By attending this session, you will be able to:
• Explain the importance of informal caregivers to stakeholders in the LTSS system, including the impact to payors and employers.
• Describe the challenges informal caregivers face, and paths to success and avoiding burnout.
• Discuss potential future financial solutions that may benefit caregivers, including employee programs and insurance opportunities.