AARP members say legislature got medical expense deductions and senior funding right; Adult Guardianship needs to be addressed next
RALEIGH -- The long delay in getting a state legislative budget passed has paid off for family caregivers and those with high out-of-pocket medical expenses. In the budget released overnight, lawmakers restored Home and Community Care Block Grant funds that were cut two years ago. These funds help seniors and their family caregivers with services such as Meals on Wheels, in-home health aides, transportation to medical appointments and more. These services save the state money because they help keep seniors independent as they age while freeing up time and resources for family caregivers to remain in the workforce.
WASHINGTON, DC — Family caregivers in North Carolina provided 1.19 billion hours of care—worth an estimated $13.4 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.
The North Carolina House and Senate have major differences in their budget bills when it comes to meeting the needs of family caregivers and those with high medical costs. Earlier this month, the House approved budget reinstated the NC medical expense tax deduction that helps protect people from the impact of high medical expenses. They also restored one million dollars in funding that was taken away from the Home and Community Care Block Grant program that supports programs that help people age in their own homes.
This week's Real Life Radio focuses on real people and how proposed state budget cuts would devastate family caregivers, the aged, people with disabilities and the blind. Learn more about the Senate's harmful budget proposal how you can stand up by contacting your elected leaders.
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