ASSIGNMENT HELP | Discussion 4 -APRN Bridge

Select a particular chronic illness of your choice based on your population of interest or study. Research the costs involved with family caregiving associated with the chronic illness and discuss the economic impact of family caregiving on family resources over time.

MODEL ANSWER

Chronic illnesses are the leading causes of mortality and disabilities in the United States. Besides, they constitute the largest portion of the national annual health care budget, taking | PLACE YOUR ORDER NOW AT writtask.com | diseases affecting many people aged 18 and above in the US is diabetes mellitus. According to 2018 estimates, about 23.1 million Americans aged 65 years and above had diabetes. The cost of diabetes management on the US economy was a whopping $327 billion (Riddle, & Herman, 2018).

Family caregiving plays an important role in the management of diabetes and as such there are huge cost implications too. More than 78 percent of family caregivers for diabetic patients in the US incur | PLACE YOUR ORDER NOW AT writtask.com | that on average family diabetes family caregivers spent almost $7000 annually on out-of-pocket costs. It has been shown that caregiving activities cost the caregivers almost 20 | PLACE YOUR ORDER NOW AT writtask.com | with their patients spend about $8600 while long-distance caregivers spent about $11900 annually on out-of-pocket costs (Riddle, & Herman, 2018).

Domestic expenses take the lion’s share of this | PLACE YOUR ORDER NOW AT writtask.com | for about 40 percent of total spending. This includes the cost of mortgage/rent and household | PLACE YOUR ORDER NOW AT writtask.com | account for about 25 percent of the caregivers’ spending, taking care of insurance costs, in-facility care, and other medical expenses (Riddle, & Herman, 2018).

Family caregiving has a huge impact on family resources | PLACE YOUR ORDER NOW AT writtask.com | impact of family caregiving is the dwindling of available financial resources of the caregiver due to the increasing tendency to incur out-of-pocket | PLACE YOUR ORDER NOW AT writtask.com | complicated by reduced work hours by the caregiver who has to miss work to attend to the patient (Hopps et al., 2017).

References

Hopps, M., Iadeluca, L., McDonald, M., & Makinson, G. T. (2017). The burden of family caregiving in the United States: Work productivity, health care resource utilization, and mental health among employed adults. Journal of Multidisciplinary Healthcare, 10, 437.

Riddle, M. C., & Herman, W. H. (2018). The cost of diabetes care—an elephant in the room. Diabetes Care, 41(5), 929-932.