November 13, 2012
About one-third of adults who provide unpaid care for their elderly parents say they’ll have to use their own retirement savings to help their parents financially. Even more - forty-one percent (41%) - support their parents financially each month, helping with a range of expenses, including food, gas, housing, prescription drugs and medical care. And while the majority of respondents (89%) care for someone on Medicare, forty-four percent (44%) of these caregivers don’t understand important components of the program. These findings are part of a new survey of adult members of AgingCare (www.AgingCare.com), an online community for people caring for elderly parents. The survey was conducted by eHealth, Inc. (NASDAQ: EHTH), America's first and largest private health insurance exchange, and parent company of PlanPrescriber (www.PlanPrescriber.com) and eHealthMedicare (www.eHealthMedicare.com).