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Access and utilize the ICAA library of scientific studies, reports and statistics to assist you with the development of your business case for wellness, program and community design and development, evidence-informed lifestyle choices and marketing strategies and approaches.

Topic- Economics of aging

 

Cost of family caregiving skyrockets-9766

Cost of family caregiving skyrockets

The unpaid work provided by family caregivers is valued at an estimated $600 billion, according to the latest report in AARP's "Valuing the Invaluable" series. This is a $130 billion increase in unpaid contributions from family caregivers since the last report was released in 2019. The economic impact of $600 billion is more than all out-of-pocket spending on healthcare in the US in 2021 and highlights the need for organizations to engage with and support family caregivers.

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Economics of aging

Stats: 80% of older Americans can't withstand a financial shock-9736

Stats: 80% of older Americans can't withstand a financial shock

A recent analysis by the National Council on Aging (NCOA) and the LeadingAge LTSS Center @ UMass Boston found that 80% of older Americans (47 million) continue to be unable to sustain a financial shock such as needing to pay for long-term care services and supports (LTSS) or the loss of income due to divorce or widowhood. This has implications for active-aging organizations looking for new customers, as the report suggests that middle-class older adults are at risk.

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Economics of aging

UK prevention/enablement model boosts wellness, cuts costs-9649

UK prevention/enablement model boosts wellness, cuts costs

A collaboration among the Essex County Council, Active Essex, Sport for Confidence and Sport England showed various benefits, including increased physical activity and wellbeing among participants, and some decrease in doctors' visits, emergency calls and hospital trips. This reduction in service use was estimated to represent a cost saving of £365.23 per person, per year, according to a recent report on the outcomes of the Prevention and Enablement Model (PEM). The model demonstrates the value of collaboration among community organizations in improving constituents' wellness while reducing healthcare costs.

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Economics of aging

Brain health benefits economies globally-9601

Brain health benefits economies globally

In a recent commentary in the journal Nature Aging, Sarah Lenz Lock, JD, Senior VP Policy & Brain Health and Executive Director, Global Council on Brain Health, Washington DC, highlights what AARP calls the "six pillars of brain health" and their economic and societal benefits. Lock writes, "[A]n often-overlooked benefit of brain health is what it can mean for an entire society when its older population is more cognitively resilient -- specifically, the positive effect that a mentally sharp workforce brings to the larger economy." It's something the active-aging industry needs to keep in mind, and actively promote.

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Economics of aging

"Financial wellness" takes on new meaning after COVID-19

The term "financial wellness" has become a popular buzzword, and studies show that an individual's financial situation - and how they feel about it - can have a big impact on their overall wellness and mental health. In fact, a recent survey shows 77% of Americans agree "my financial health also affects my physical and mental health."

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Economics of aging

Challenges face older adults during pandemic recovery-8058

Challenges face older adults during pandemic recovery

COVID-19 has placed a high-intensity spotlight on the deleterious effects of deep-seated ageism, sexism and racism on older Americans, suggests a study from the Harvey A. Friedman Center for Aging at Washington University in St. Louis.

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Economics of aging

Total items: 231

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