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AARP: Caregivers’ Out-of-Pocket Costs Hit $11,508 Annually
By Drooid · · How we work
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- AARP study finds family caregivers spend average $11,508 out of pocket annually.
- Out-of-pocket costs rose 60% over five years, now about 31% of caregivers’ income.
- Food, housing and medical bills account for most of the cost increase, the study reports.
- President Donald Trump’s budget bill cuts nearly $1 trillion from Medicaid over the decade, threatening caregiver aid.
- About 63 million Americans provide ongoing help.
