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Home arrow Eldercare Insurance
Eldercare Insurance PDF Print E-mail

FAS Lady on PhoneEldercare is impacting the work life of your employees:
12% take leaves of absence
36% miss work days
40% rearrange their work schedule
… and for the aging workforce, eldercare is replacing childcare as the #1 concern.

How can you help your employees?

  • Offer eldercare and long term care (LTC) benefits to employees and their families

  • Educate employees about eldercare and caregiving issues by offering an online resource center and seminars

  • Provide access to our national database of eldercare professionals and resources

  • How AGIS Network can help your company?

  • Earn a positive ROI by reducing at work eldercare and caregiver distractions

  • Provide turnkey eldercare and caregiving solutions for educating your employees

  • Boost employee participation rates in group LTC benefit programs

National Facts: Eldercare’s Impact on Employers:

  • Eldercare costs U.S. business more than $33 billion in lost productivity each year.¹

  • It’s estimated that 26 million caregivers are employed, most full-time.¹

  • Employers lose as much as 32 times productivity levels from presenteeism as from absenteeism, resulting in an annual cost of $180 billion.¹

  • Employers lose as much as 32 times productivity levels from presenteeism as from absenteeism, resulting in an annual cost of $180 billion.¹

62% of employed caregivers report their caregiving responsibilities have negatively affected their work.¹

¹ Caregiving in the United States, National Alliance for Caregiving and AARP, 2004
   The MetLife Caregiving Cost Study: Productivity Losses to U.S. Business, June 2006
   Caregiving in the United States, National Alliance for Caregiving and AARP, 2004
   Presenteeism: The Measure for Assessing Family Caregiving in the Workplace,  
American Assoc. for Caregiver Education, Inc., 2003
   Caregiving in the United States, National Alliance for Caregiving and AARP, 2004

 
 
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© 2010 www.fas-eba.com - San Diego's Best Employee Benefit Analyst Team