Why does pharma ignore caregivers?

Family members provide more than 95% of non-professional care for older adults who do not live in nursing homes.

‣ In total, family caregivers provide 37 billion hours of care annually.

‣ Caregivers looking after elderly family and friends log 3 times as many hours per year as professional caregivers.

‣ The estimated economic value of family and friend caregiving is roughly $500 billion per year—3 times greater than Medicaid’s expenditures on professional long-term care.

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