AARP Louisiana Interim State Director Denise Bottcher issued the following statement today regarding the decision of the Department of Health and Hospitals to delay the implementation of Bayou Choices:
WASHINGTON, DC — Family caregivers in Louisiana provided 615 million hours of care—worth an estimated $6.5 billion—to their parents, spouses, partners, and other adult loved ones in 2013, according to AARP Public Policy Institute’s new report, Valuing the Invaluable: 2015 Update. The total estimated economic value of uncompensated care provided by the nation’s family caregivers surpassed total Medicaid spending ($449 billion), and nearly equaled the annual sales ($469 billion) of the four largest U.S. tech companies combined (Apple, Hewlett Packard, IBM, and Microsoft) in 2013.