Aging baby-boomers are creating another boom. As baby boomers get older, they will be the ones diagnosed with dementia, creating a dementia boom that will present major challenges for their working caregiver children, the health care system, workplaces and the economy. Parking parents with dementia in nursing homes isn’t going to be the easiest option in an already overburdened health care system with limited capacity in long-term care residences.
Employers should prioritize caregiving in employee benefits plans and corporate social responsibility programs.
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Millennials: Your diaper days are not over
Millennials and their children will be the caregivers of tomorrow.
In less than 15 years, Alzheimer Canada predicts that 934,000 Canadians will be living with Alzheimer’s disease or a related dementia. That’s a 66% increase in less than a generation.