A few employers are beginning to offer eldercare as a benefit, realizing that many Baby Boomers have parents in need of a much-needed lifeline. In fact, 19% of Americans over the age of 18 are caring for someone 50 or older, according to the National Alliance for Caregiving.

The alliance also found that people responsible for taking care of an elderly relative or friend suffer poor health themselves, including depression, diabetes, hypertension or heart disease—which may cause many workers to take time off or distract them from their job. These unfortunate effects cost U.S. employers an additional 8% in healthcare a year, or $13.4 billion annually, according to the MetLife Study of Working Caregivers and Employer Health Care Costs.

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