AARP: Spectrum of Financial Supports for Family Caregivers
Proposal Overview
Name: AARP: Spectrum of Financial Supports for Family Caregivers
Year: 2024
Sponsoring Organization and Key Author(s):
Sponsoring Organization:
AARP is a nonprofit, nonpartisan organization that provides resources, advocacy, and services to support the interests of Americans age 50 and older.
Key Authors:
Selena Caldera
Program Details
Overview: Details the financial impact of caregiving. Report proposes state and federal policies to address caregivers’ economic challenges.
Recommendations are summarized below.
Major Legislative Recommendations
Expand/Enhance Caregiver Programs
Medicaid
Recommends increased opportunities for family caregivers to get paid for care via self-directed Medicaid programs.
Financial Supports for Family Caregivers
Tax Credit/Deduction for Caregiver Expenses
Recommends tax credits to offset care expenses. Details are not specified.
Recommends using health expense accounts from which individuals can pay for the care costs of their parents or parents-in-law. Details are not specified.
Workplace Supports
Expanded Family Medical Leave
Recommends expanding family medical leave to include paid leave. Details are not specified.
Protections Against Discrimination
Recommends employment antidiscrimination laws that identify family caregivers as a protected classification.