LeadingAge Supports Help for Family Caregivers

Legislation | June 12, 2018 | by Niles Godes

Sen. Amy Klobuchar (D-MN) has introduced S. 3028, the Americans Giving care to Elders (AGE) Act, which would provide a tax credit for caregivers faced with the difficult task of helping older adults remain in their home. The AGE Act would allow family caregivers to qualify for a tax credit to offset elder care expenses of up to $6,000 per year.

 

Physical and/or cognitive impairment will cause about half of all older adults to lose the ability to care for themselves during their lifetimes. These individuals will need daily help with everyday activities. Unpaid family caregivers provide half of the lifetime care that these older adults receive. About 75% of older adults who receive care in the community report that this care comes exclusively from unpaid family caregivers.

 

“This important legislation recognizes and supports the role of family caregivers. LeadingAge strongly supports the AGE Act, and applauds Sen. Klobuchar for her leadership on this important issue,” said LeadingAge President and CEO Katie Smith Sloan.

 

Facilitating family caregiving is an important part of the solution to the challenges of providing and paying for long-term services and supports. LeadingAge will continue working with policymakers and other stakeholders on this and other effective solutions to these challenges.