Proposed SEC rule would ‘hinder savers’ access to a secure retirement,’ legislators say
By
Kathleen Steele Gaivin
Jul 06, 2023
A proposed rule from the Securities and Exchange Commission would “hinder savers’ access to a secure retirement,” according to a joint letter to SEC Chairman Gary Gensler from Sen. Bill Cassidy (R-LA),...
Business briefs, July 6
By
Kathleen Steele Gaivin
Jul 06, 2023
Sonida announces steps meant to improve financial position … Union hails new staffing ratios in Pennsylvania … Oklahoma Legislature approves $47.8M for SNFs … Fly flag or stay out, proposed age-restricted...
Intranasal insulin may have pro-cognitive benefits
Jun 30, 2023
Improvement in global cognition was seen for patients with Alzheimer’s disease/mild cognitive impairment, but no effects were seen for healthy individuals or other patient populations.
Dollars spent on HCBS go further than those spent on nursing homes, study finds
By
Lois A. Bowers
Jun 29, 2023
Older adults are not “drawn out of the woodwork” to try to qualify for Medicaid benefits when a state expands home- and community-based services, according to the findings of a new study.
Boomers share which features could entice them to move into a senior living community
By
Lois A. Bowers
Jun 28, 2023
As members of the Baby Boom generation start to consider downsizing or moving into a senior living community, a new report provides insights into what amenities providers can offer to entice them.
New law ‘ensures future viability’ of CCRCs, provider and resident groups say
By
Lois A. Bowers
Jun 28, 2023
A bill signed into law Monday by Gov. Ron DeSantis (R) will help ensure the future viability and financial strength of the continuing care retirement / life plan community model in Florida, according to...
Nursing homes miss out on workers as green card process slows
By
Kathleen Steele Gaivin
Jun 28, 2023
Nursing facilities have lost more than 200,000 nurses and aides since the start of the pandemic, according to federal labor statistics. Some say foreign nurses waiting in the wings to fill those vacant...
More time needed for catch-up contributions under Secure 2.0, lobbyists say
By
Kathleen Steele Gaivin
Jun 28, 2023
The American Benefits Council and the National Association of Government Defined Contribution Administrators are calling on Congress to place a two-year delay on the Roth catch-up requirement under Setting...
Trustwell much larger after adding 16 communities to portfolio
By
Kathleen Steele Gaivin
Jun 27, 2023
New York City-based Trustwell Living has added 16 assisted living and memory care communities to its holdings, greatly expanding its five-community portfolio to 21 communities.
VA supports assisted living pilot program for veterans — with conditions
By
Lois A. Bowers
Jun 22, 2023
The US Department of Veterans Affairs supports legislation that would create a pilot program enabling some veterans to have their care needs met in an assisted living community rather than in a VA home,...