CRISIS IN HOME CARE: image

CRISIS IN HOME CARE:

WHO WILL TAKE CARE OF US?

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By 2030 1 million more caregivers will be needed to care for an ever-increasing elderly population.

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Senior care is the fastest growing industry in the nation.

Due to a business model based on profit rather than the well-being of clients, caregivers are faced with:

  • low pay
  • poor supervision
  • few benefits
  • strenuous travel schedules
  • demanding workloads
  • inconsistent scheduling
  • part-timer work
  • isolation
  • lack of training and support
  • and few advancement opportunities

As a result:

  • 50% of direct care workers leave the job within 12 months.
  • Home care agencies have an average turnover rate of 67%
  • The median hourly wage is $10.11.
  • The median annual income for direct care workers is $13,300.
  • 24% of direct care workers live below the poverty level.
  • Over 50% rely on some form of public assistance.
  • 26% of home care workers are uninsured

The True Costs to our Seniors and Disabled

  • Inadequate care due to inconsistency in care teams (high turnover rate)
  • Seniors' desire to live at home is not realized
  • Life savings depleted
  • Families are forced to give up outside employment to care for loved ones at great personal and financial sacrifice.

Caregiver-Owned Cooperatives are the solution to the home care crisis.

  • Worker-ownership means living wages and a say in the quality of services provided
  • Members have a voice in how the business is run.
  • Membership provide caregivers with opportunities to increase business and other life skills.

Case Study: Peninsula Homecare Cooperative, Port Townsend, WA

  • Started in 2016 by 5 self-employed caregivers
  • Showed a profit in the third quarter of operations
  • Paid off start-up loans in 18 months
  • First dividend distribution paid to members in the second year
  • Base pay $15 per hour raised to $22 with profit sharing
  • Low turnover rate
  • Respected in the health care community

The Impact: Who benefits?

  • Elderly and Disabled
    • Highest quality care (team, highly trained, low turnover)
    • Increased independence (PAM)
    • Less/optimized cost of care
  • Families of Elderly and Disabled
    • Reduced personal and financial sacrifice
  • Caregivers
    • Living wage, Profit-sharing, Benefits, etc.
  • Children of Caregivers
    • Higher quality of life, better outcome for community
  • The Community
    • Reduced use of public health and other social services by caregivers and clients
    • Improved health outcomes
  • 100% of your gift goes for care if you choose to pay the credit card processing fee for Network for Good and 97% if you choose not to pay.

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