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A recent article originally published on Newsbreak.com discusses the increase in demand for home care services following holiday visits by adult children to their aging parents, as observed by Home Instead and Arista Home Care Solutions.
A January survey by Home Instead noted that nearly one-fifth of Americans observed a noticeable decline in their elderly loved one’s health over the 2023 holiday season, leading to a surge in business for home care companies at the beginning of the year.
Both Justin McPherson of Home Instead and Clayton Birney of Arista Home Care Solutions attribute this rise in demand to the aging Baby Boomer population and the extra assistance they require, which ranges from meal preparation and medication reminders to personal care.
The non-medical in-home care serves as a first step in supporting the elderly. However, the home care industry faces challenges such as high caregiver turnover and the need to continuously hire to meet the demands of the growing aging population.
Caregiver pay varies from $13 to $17 per hour, with turnover attributed to inconsistent work availability and entry-level income. Despite these challenges, in-home care is presented as a more financially viable option compared to assisted living, though the decision to seek help often falls on the adult children of the elderly, highlighting a generational responsibility in caregiving decisions.
Click here to read the full article on newsbreak.com
