This is an excerpt from a Employee Benefits News article. Read the full article here.
“It’s estimated that more than 41.8 million Americans are unpaid caregivers for another adult, according to a recently released AARP report. There are 8 million more caregivers today compared to five years prior. The COVID-19 pandemic has made caregiving for an ageing reality a new reality for even more Americans. After being isolated within long-term care facilities and unable to see family members due to safety precautions, older Americans are embracing another option — aging in place, often bringing along more responsibility to their adult children. For many families, this means that family homes are once again multi-generation, putting even more strain on caregivers who are now balancing caring for their kids and their parents”