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North Dakota’s family caregivers now provide $1.27 billion worth of labor each year, according to a new AARP report. Most of this work is unpaid, yet it forms the backbone of the nation’s long-term care system that is essential to helping millions of older adults live independently at home.
Why this matters: Without family caregivers, many more North Dakotans would rely on expensive institutional care, driving significantly higher costs for taxpayers and public programs.
“Family caregivers are a major economic force that fill critical gaps in our health care system.” said Josh Askvig, AARP North Dakota State Director. “The economic value they provide now exceeds $1.2 billion annually, yet this care often comes at significant cost to caregivers’ health and financial security, and well-being. AARP is elevating this important issue and fighting to save family caregivers time and money.”
Read the full report here.
AARP continues federal and state advocacy to save caregivers money, time, and get them the support they deserve. In North Dakota we’ve encouraged our U.S. Congressional delegation to support the Credit For Caring Act -- a tax credit of up to $5,000 for working family caregivers to help offset their out-of-pocket costs. Additionally, we encourage individuals to explore their eligibility for the North Dakota Family Member Care Tax Credit -- a state income tax credit designed to help caregivers offset expenses for caring for a qualified family member, providing a credit of 20-30 percent of qualified expenses (up to a maximum of $4,000).
AARP also helps families navigate caregiving challenges by connecting them to trusted resources. AARP North Dakota’s resource guide helps family caregivers access key programs, services and agencies right in their community.
To find out more, visit www.aarp.org/caregiving.
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