U.S. Treasury task force: Federal government must educate public about LTC costs
By
Amy Novotney
Aug 17, 2020
The Treasury and other federal agencies should do a better job educating consumers about long-term care and the need to finance it. That’s according to a report released last week by the Federal Interagency...
Economy’s path depends on course of the virus: Fed
By
Amy Novotney
Jul 30, 2020
Business executives, including those within the seniors housing industry, likely can expect additional help from the Federal Reserve as the COVID-19 pandemic continues to take its toll on the nation’s...
Bill would let people tap retirement accounts for long-term care insurance
By
Lois A. Bowers
Dec 03, 2019
Individuals would be allowed to withdraw up to $2,000 per year from their retirement accounts, tax-free, to pay for long-term care insurance to fund long-term services and supports under a bill proposed...
Geriatric workforce issues focus of two bills passed by the House
By
Lois A. Bowers
Oct 29, 2019
Bills that would reauthorize the Older Americans Act and improve improve education and training in geriatrics passed in the House of Representatives on Monday. They now move to the Senate for consideration.
Proposed federal changes endanger providers’ ability to serve low-income adults, groups say
By
Lois A. Bowers
Jun 25, 2019
Aging services providers’ ability to serve low-income older adults will be hindered if the federal government proceeds with proposed changes to how it measures poverty, according to advocacy organizations...
Medicaid, affordable housing changes in proposed budget concern senior living advocates
By
Lois A. Bowers
Mar 12, 2019
Senior living advocates are urging Congress to reject the reforms to Medicaid in President Trump’s proposed budget for fiscal year 2020 and also are “deeply disappointed” in changes to affordable...
Fate of minimum wage, sick leave changes uncertain after legislature vote
By
Lois A. Bowers
Dec 10, 2018
The fate of minimum wage and sick leave changes passed by the Michigan legislature Dec. 4 is uncertain, as it remains to be seen whether outgoing Michigan Gov. Rick Snyder (R) will sign them into law,...
Lumber, labor continue to affect seniors housing construction: brief
By
Lois A. Bowers
Jan 26, 2018
Increased lumber costs and a labor shortage continue to be concerns in seniors housing construction projects across the country, according to a new brief prepared for the American Seniors Housing Association...
18 states increased minimum wage Jan. 1
By
Lois A. Bowers
Jan 02, 2018
The minimum wage increased in 18 states on Jan. 1, either by legislative action, ballot initiative or inflation adjustment.
CCRC monthly rate increases for 2018 will average 3.1%
By
Lois A. Bowers
Nov 20, 2017
Continuing care retirement communities plan to raise their monthly fees for existing independent living residents an average of 3.1% in 2018, according to a recent poll of 160 chief financial officers...