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Effect of Financial Costs on Caregiving Burden of Family Caregivers of Older Adults

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  • Daniel W. L. Lai

Abstract

This study examined the effects of perceived financial costs on caregiving burden experienced by family caregivers. The target population was family caregivers for older adults who were 65 years of age and older in Calgary, Alberta. Telephone interviews were conducted using a structured questionnaire, with a random sample of 340 family caregivers. The financial costs associated with family caregiving were a significant factor in caregiving burden, both for the male and female caregivers, even when controlled for most of the demographic characteristics of the caregivers, and the demographics, health, and caregiving needs of the care receivers. While caregiving is creating burden and financial consequences for family caregivers, the effects of financial costs should not be understood only in financial terms. Policies and programs to alleviate the financial burden and to provide social and financial support for these family caregivers are equally important for both family caregivers and their care receivers.

Suggested Citation

  • Daniel W. L. Lai, 2012. "Effect of Financial Costs on Caregiving Burden of Family Caregivers of Older Adults," SAGE Open, , vol. 2(4), pages 21582440124, December.
    • Handle: RePEc:sae:sagope:v:2:y:2012:i:4:p:2158244012470467
    DOI: 10.1177/2158244012470467
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    References listed on IDEAS

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    1. Sun-Kang Koh & Maurice MacDonald, 2006. "Financial Reciprocity and Elder Care: Interdependent Resource Transfers," Journal of Family and Economic Issues, Springer, vol. 27(3), pages 420-436, September.
    2. Daniel Lai & Wendy Leonenko, 2007. "Effects of Caregiving on Employment and Economic Costs of Chinese Family Caregivers in Canada," Journal of Family and Economic Issues, Springer, vol. 28(3), pages 411-427, September.
    3. Shelley Haddock & Toni Zimmerman & Kevin Lyness & Scott Ziemba, 2006. "Practices of Dual Earner Couples Successfully Balancing Work and Family," Journal of Family and Economic Issues, Springer, vol. 27(2), pages 207-234, June.
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    Cited by:

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    3. Julie Miller & Samantha Brady & Alexa Balmuth & Lisa D’Ambrosio & Joseph Coughlin, 2021. "Student Loans at the Dinner Table: Family Communication Patterns About Student Loans Before Accrual and During Repayment," Journal of Family and Economic Issues, Springer, vol. 42(2), pages 251-271, June.
    4. Prabhjot Singh & Rafat Hussain & Adeel Khan & Lyn Irwin & Ros Foskey, 2015. "Carers’ Perspectives on Sustainability of Informal Care for People With Dementia," SAGE Open, , vol. 5(3), pages 21582440156, September.
    5. Younsook Yeo, 2017. "Healthcare inequality issues among immigrant elders after neoliberal welfare reform: empirical findings from the United States," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 18(5), pages 547-565, June.
    6. Roxsana Devi Tumanggor & Eqlima Elfira & Ellyta Aizar, 2021. "Female Caregivers Stress in Caring for Hospitalized Elderly with Chronic Disease at Universitas Sumatera Utara Hospital: A Phenomenology Study," Technium Social Sciences Journal, Technium Science, vol. 20(1), pages 643-651, June.

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