The hidden economics of informal elder-care in the United States

DiscussionThe pivotal role that IHH plays in the US healthcare system is largely based on the assumption that IHH comes at no cost. Conversely, our analyses suggest that its substitution costs may be considerable. It is crucial for policy-makers to support the provision of informal care as an affordable alternative to formal care.
Source: The Journal of the Economics of Ageing - Category: Health Management Source Type: research