Valuing the Invaluable 2023 Update: Strengthening Supports for Family Caregivers

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by Susan C. Reinhard, Selena Caldera, Ari Houser, Rita B. Choula, AARP Public Policy Institute, March 8, 2023

The update from AARP Public Policy Institute, Valuing the Invaluable 2023 Update: Strengthening Supports for Family Caregivers, estimated that the economic value of family caregivers’ unpaid contributions rose to $600 billion in 2021 from $470 billion in 2017. This amount vastly exceeds the value of paid home care.