SINGAPORE - The cost of informal caregiving for seniors in Singapore comes up to $1.28 billion a year, a recent local study has found.
The Duke-NUS Medical School study, published in the Aging And Health Research journal in June, also found that caregivers provided on average 33 hours of care each week, helping seniors aged 75 and above communicate with others, managing their needs and providing emotional support.
The study is the first in Singapore to estimate the economic value of informal caregiving time in the context of Singapore’s rapidly ageing population.
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