Employers’ healthcare costs expected to climb faster than inflation
By
Kathleen Steele Gaivin
May 04, 2023
Employer healthcare costs and premiums are likely to climb faster than inflation in 2023 and 2024, according to findings released Tuesday in Buck’s 44th Nation
Inflation Reduction Act estimated to yield billions in drug savings
Feb 02, 2023
The ceiling prices for negotiation would have reduced Medicare prescription drug spending by ~5% if implemented from 2018 to 2020.
‘Two markets’ affecting senior living investments: NIC
By
Kathleen Steele Gaivin
Feb 22, 2023
“It’s a tale of two markets and many influencing factors as we move further into 2023,” National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace wrote Tuesday in a...
Retired Americans returning to workforce amid rising wages, inflation
By
Kathleen Steele Gaivin
Jun 21, 2022
Retirees are returning to the workforce to reap higher wages and keep up with record inflation, according to an analysis released by Magnify Money earlier this month.
Personal savings a priority as two-thirds of Americans brace for recession: report
By
Kathleen Steele Gaivin
May 22, 2023
As Americans brace for a possible recession, some baby boomers, those born between 1945 and 1964, are putting off actions such as buying a new home in favor of increasing personal savings toward retirement....
2.7% income growth predicted for U.S. in 2016
By
Lois A. Bowers
Jan 12, 2016
U.S. workers will see real income growth of 2.7% in 2016, buoyed by low inflation, predicts a salary forecast by Korn Ferry Hay Group.
Outlook for small businesses in the senior living sector
By
Ben Johnston
Mar 02, 2023
Small businesses, including senior living providers, will adapt to whatever changes this year brings and move to meet the market where consumers are.
Meet Sharon Wilson, 2024 Hall of Honor inductee
By
Foster Stubbs
Aug 13, 2024
Sharon Wilson, chief clinical and compliance officer at Cassia in Edina, MN, is a Hall of Honor inductee in the 2024 McKnight’s Women of Distinction awards program.
Senior living industry tells federal lawmakers of ‘unprecedented’ financial issues
By
Kimberly Bonvissuto
Mar 27, 2023
A recent House hearing on healthcare inflation drew no shortage of comments from groups including the senior living industry sharing experiences with escalating costs.
Labor Department increases monetary penalties for violations
By
Lois A. Bowers
Jan 04, 2018
The Department of Labor issued a final rule Tuesday that details increases in civil penalties due to inflation, as required by federal law.