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The Cost of Caring - How money worries are pushing carers to breaking point.
- Published on
- December 05, 2011
- by
- Ben.
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- 253 times
There are an estimated 6.4 million people in the UK providing unpaid care and support to ill, frail and disabled friends and family members and money worries are a constant feature in their lives.
Families provide the majority of care in the UK, outstripping social care services and private care providers combined. This contribution is worth an estimated £119 billion a year to the UK economy – more than the total cost of the NHS.
However, caring can come at great cost to carers. Many are forced to give up work to care, at the same time as they are faced with the considerable additional costs of disability. This means that, alongside the personal costs of ill-health, for many families, disability and caring pushes them into debt and hardship.
This report identifies that 45% of carers have been cutting back on heating and food, 40% are in debt because of their caring role and 47% reported that they had become unwell due to the stress of money worries.
Carer's UK have undertaken this research and you can read the full report here.
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