DRIVING ACTION WITH CAREGIVING STRATEGY
The National Alliance for Caregiving and the patient advocacy, aging, and disability rights communities are launching Act on RAISE, an unprecedented campaign to drive action on the National Strategy to Support Family Caregivers, the nation’s first-ever federal blueprint for family caregivers.
The social media campaign Act on RAISE, aims to elevate awareness of the financial and emotional toll caregiving may have on people in America.
WHEN IMPLEMENTED, RAISE’S NATIONAL STRATEGY WILL SUPPORT CAREGIVERS BY:
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- Increasing awareness and outreach.
- Advancing cross-sector partnerships and engagement.
- Strengthening services and supports.
- Ensuring financial and workplace security.
- Expanding data, research and evidence-based practices.
The lack of support for caregivers is causing negative ripple effects for the health, financial, and mental well-being of America’s caregivers, with 12 million Americans reporting that caregiving has made their health worse and nearly 20 million reporting high levels of emotional stress due to caregiving. The economic impacts can be staggering. Nationally, unpaid care is valued at $600 billion annually.
According to Susan Collins, R-Maine. “As our population grows older, the number of uncompensated family caregivers providing high-quality, long-term care will only increase. Advancing this strategy is essential to millions of American families.”
Implementing these actions or strategies can Strengthen the federal-level coordination needed to support America’s 53 million family caregivers as envisioned in the RAISE Family Caregivers Act. Here at Atlantic American Employee Benefits, we have a hybrid life product that assists with caring for long-term chronic conditions, allowing cash to be paid to a family member to assist in care.
Numerous groups have started supporting the Act on RAISE campaign, including AARP, The Arc, American Cancer Society, Alzheimer’s Association, Caring Across Generations, Diverse Elders Coalition, Elizabeth Dole Foundation, National Council on Aging, National Health Council, Rosalynn Carter Institute, and USAging.
Caregivers are not anomalies in the workforce, and benefits leaders know this. While benefits leaders are uncertain about how many workers are being impacted by caregiving responsibilities, most can agree that a lack of financial safeguards could impact every employee, regardless of whether they are a caregiver. Many employees understand the necessity for long-term care in their financial future but lack the resources to make a significant change.
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For more information on how hybrid-life products are shaping the future of long-term solutions for chronic conditions, click HERE
