Skip to main content
padlock icon - secure page this page is secure

Free Content Care-Related Out-of-Pocket Expenditures in Canada

Download Article:
 Download
(PDF 428.1 kb)
 
This research examined the prevalence and amount of care-related out-of-pocket expenditures of family caregivers and the factors that influence this spending. Secondary analysis of 2007 General Social Survey (Cycle 21) data yielded population estimates for Canadians age 45 years and older. Thirty-five percent of respondents—1.2 million Canadians—reported care-related out-of-pocket expenditures, which amounted to almost $12.6 million. Caregivers who were more likely to incur these costs reported higher levels of stress, were caring for a family member or friend with more complex health conditions, were providing more intense levels of care, and lived further away from the care receiver. We find that care-related out-of-pocket spending is common among Canadian caregivers, that it can be substantial, and that relatively few caregivers receive financial supports that can defray these costs.

12 References.

No Supplementary Data.
No Article Media
No Metrics

Keywords: CARE-RELATED OUT-OF-POCKET EXPENDITURES; ECONOMIC COSTS OF CARE; ECONOMICS OF AGING; FAMILY/FRIEND CAREGIVING; SOCIAL INCLUSION/EXCLUSION

Document Type: Research Article

Publication date: November 1, 2016

More about this publication?
  • The Journal of Financial Counseling and Planning is no longer available to subscribers on Ingenta Connect. Please go to http://connect.springerpub.com/content/sgrjfcp to access your online subscription to Journal of Financial Counseling and Planning.
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more