Aid For Caregivers

The decline in caregiver health continues – 79% of 1,300 we polled last year say their physical and mental stress have worsened to a point when they have needed to engage the health system – a doctor, hospital, pharmacy – to address worsening symptoms. To assist, a company called Juno is selling the first workplace benefit that will kick in cash assistance for caregiving-related expenses if a child develops a debilitating condition. The new benefit covers conditions like cancer, Duchenne muscular dystrophy, Down syndrome and even long COVID, from birth to age 26. It costs $16 per employee per month to provide coverage of $250,000 per child, paid out in monthly installments for up to 10 years. Employers can kick in as little as $3 per month per person, and employees can purchase more coverage.