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Caring for a loved one living with dementia often takes a financial toll on families. In 2024, more than 31,000 Alzheimer’s caregivers in Delaware provided 46,000,000 hours of unpaid care, valued at a staggering $909,000,000. As one of the most expensive diseases in the U.S., Alzheimer’s costs $360 billion with Medicare spending reaching $32,413 per person.
As a former caregiver, I understand firsthand the personal and financial impact of dementia. My wife struggled for four years. I was fortunate that I could afford to care for her without worrying about money, but the reality is many cannot.
The bipartisan Credit for Caring Act will create a new, non-refundable federal tax credit of up to $5,000 for eligible family caregivers. This tax credit would offset the cost of some caregiving expenses such as a home health aide, adult day services, home modifications, respite care or other supports that help caregivers and their loved ones. For those family caregivers that can’t afford the astronomical costs of dementia care, the Credit for Caring Act would be a huge boost to them—in terms of finances and overall wellbeing.
I respectfully encourage Senator Coons, Senator Lisa Blunt Rochester and Congresswoman Sara McBride to join me—and the Alzheimer’s Association—in supporting the Credit for Caring Act. To learn more about Alzheimer’s and how you can join the fight to end all forms of dementia, visit alz.org.
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.