Trends in Family Caregivers' Financial Well-Being
Author Information
Author(s): Liu Yin, Kim Kyungmin, Ferguson Melissa, Li Niying, Batura Josey
Primary Institution: Utah State University
Hypothesis
Financial well-being and caregiving support are important resources for family caregivers.
Conclusion
The study found that financial well-being is linked to the use of community-based care services and varies by caregivers' demographics and care recipients' health conditions.
Supporting Evidence
- Financial well-being is critical for securing paid care services.
- High care-related expenses can create financial burdens for caregivers.
- Subjective financial difficulty is linked to income levels.
- There are disparities in financial well-being based on health conditions and caregiver demographics.
Takeaway
This study shows that how much money caregivers have affects their ability to get help for taking care of others.
Methodology
Longitudinal trend analysis using four waves of cross-sectional data from caregivers in the National Study of Caregiving.
Participant Demographics
Caregivers of participants in the National Health and Aging Trends Study, with variations in race/ethnic minority status and education levels.
Digital Object Identifier (DOI)
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