via Caregiving.org
Some of our proposals for Social Security and Medicare include:
Providing Social Security credits for caregivers.
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Medicaid provides health care services to multiple populations, including low - income seniors, people with disabilities, children and some adults.
Many of our senior loved ones are not eating as well as they could, much like the rest of us. There are many factors that come into play to prevent them from eating well. Family caregivers can help seniors find ways to turn problems into opportunities for new solutions so they can eat right.
Related Reading:
Some of our proposals for Social Security and Medicare include:
Providing Social Security credits for caregivers.
Nearly one-quarter of America’s adult caregivers are between 18 and 34, part of a rising generation expected to shoulder more responsibilities as their parents and grandparents age.
via Washington Post.
Seniors 65 and older spend more than twice as much on health care, and those 75 and older spend nearly three times more than younger consumers. Not only do health care expenditures steadily increase with age but health care costs consistently rise much faster than general inflation.
via Entitled to Know.
The Fahle and McGarry study confirms some rather grim statistics from other sources about working women who are caregivers:
- The average income lost by caregivers each year is a whopping 33 percent.
- Caregivers pay for many caregiving expenses out of their own pockets, to the tune of $10,000 a year.
- Overall, 11 percent of caregivers end up having to quit their job to care for someone at home around-the-clock.
- If a woman does have to leave her job due to caregiving needs, the lost wages, pensions and Social Security benefits over her lifetime total more than $300,000.
via Next Avenue.
Related Reading:
- Providing Social Security Credits for Caregivers.
- We
recommend that, in computing the Social Security retirement or
disability benefit that imputed earnings for up to five family service
years would be granted to a worker who leaves or reduces his/her
participation in the work force to provide care to children under the
age of six or to elderly family members.
For millions of American women, unpaid caregiving becomes a financial emergency, and on average accounts for $324,000 in lost wages and Social Security benefits in a caregiver’s lifetime.
Lowey’s proposal has been endorsed by 19 national organizations, including the National Committee to Preserve Social Security and Medicare, the National Organization for Women (NOW), and the National Alliance for Caregiving. (A full list is at the bottom of this release.)
via Rep. Lowey.
Related Reading:
- Letter Endorsing Social Security Caregiver Credit Act of 2015.
- Because of the way that Social Security benefits are calculated,
temporary interruptions in a person’s participation in the labor force
can lead to a significant reduction in the amount of that person’s
Social Security benefit.
November is National Caregiver Month. Caregiving is especially important to women because they disproportionately provide and receive caregiving. It is estimated that 60 percent of all caregivers are women and 65 percent of all care recipients are women.
via NCPSSM.
Today is the day! We are really excited to announce our new Women’s initiative.
Please visit: www.EleanorsHope.org to learn more about this new project!
Generating greater savings on the cost of prescription drugs by increasing manufacturer discounts, allowing Medicare to receive the same drug rebates as Medicaid for dual-eligibles and promoting lower drug costs by providing for faster development of generic drugs.
NCPSSM Recommendation for Medicare via Huffington Post.
Seniors went to Capitol Hill earlier this month to tell Congress why their current #SocialSecurity benefits are inadequate. Boost Social Security Now! https://www.ncpssm.org/campaigns/boost-social-security-now/ @RepJohnLarson