Posts Tagged ‘caregiver’

The Costs of Caregiving

Posted on: March 9th, 2015 by Medi-RentsBlogger

Elderly father and adult son out for a walk in the park.

According to Caregiver Action Network, more than 65 million people provide care for a loved one who has an illness, is aging or has some other need. Another statistic Medi-Rents and Sales found was that a majority of caregivers, about 66 percent actually, are women.

Caregiving can be a full-time job for most people even if they already work another full-time job. Caregiving comes with stress, time and financial burden that can be life-changing for most caregivers. In today’s blog, Medi-Rents and Sales will be talking about the costs of caregiving.

The stress of caregiving– Sixty-nine percent of caregivers say that the main cause of stress in their life is taking care of their loved one. This stress can be caused by many different factors, depending on the condition your loved one is in. Depending on your financial situation, many local hospices and care facilities have respite programs to take over duties so you can have a break.

The family members of caregiving– Sometimes, caregiving for an aging parent is not a one-person job. Your spouse or children need to help with caregiving, so it takes a toll on other relationships within the family. To deal with the toll it takes on family relationships, make sure to always have open channels of communication to work through the stress together.

The financial burden of caregiving– On average, caregivers spend around $5,000 a year on caregiving tasks like running to get medications to cooking food for loved ones. Also, more than 60 percent of caregivers worried about the toll caregiving would take on their savings account.

Although caregiving is a stress and takes a toll on a normal life situation, it gives a sense of pride knowing you are making a difference in your loved one’s life. Always remember to take care of yourself throughout your journey as a caregiver. Medi-Rents and Sales is your source for all the medical products and services your family member needs.