Washington on verge of becoming first state to offer public long-term care insurance program
By
Lois A. Bowers
Apr 22, 2019
Washington may become the first state to offer workers a long-term care insurance program into which they would pay to help offset assisted living and other costs.
Two New England states most expensive for assisted living
By
Lois A. Bowers
Apr 24, 2016
Two New England states are home to the most expensive assisted living apartments, based on average monthly rates charged for apartments there, according to a new website launched by Lincoln Financial Group.
HUD faces $6 billion in cuts in proposed budget
By
Lois A. Bowers
Mar 09, 2017
The U.S. Department of Housing and Urban Development could face a budget cut of as much as $6 billion, affecting low-income seniors, developers of affordable housing and others, under the fiscal year 2018...
Larger employers should be required to offer retirement plans, group says
By
Lois A. Bowers
Jun 09, 2016
Requiring most employers to offer retirement plans for their workers would help ensure that Americans have enough money to pay for their needs after they stop working, the nonprofit Bipartisan Policy Center...
Cafaro: Ventas remains committed to senior living
By
Lois A. Bowers
Feb 15, 2016
Although Ventas grabbed headlines for two actions outside of the senior housing sector in 2015, the REIT remains committed to senior living, Chairwoman and CEO Debra Cafaro told investors in a Feb. 12...
What’s ahead for seniors housing in 2016
By
Lois A. Bowers
Jan 10, 2016
Demand for seniors housing will continue in 2016, NIC’s chief economist predicts, but assisted living operators and investors have reason for caution.
Genworth: Acuity, luxury drive up assisted living costs 3.36% in 2017
By
Lois A. Bowers
Sep 27, 2017
The annual median cost of assisted living increased 3.36% from 2016 to 2017, according to the Genworth 2017 Cost of Care Survey, released Tuesday. There are two main reasons.
Life care contract most common type for Texas CCRCs: report
By
Lois A. Bowers
Feb 27, 2017
Ziegler and My LifeSite analyzed data from 32 providers in the Lone Star State to produce a new benchmarking report on the characteristics of continuing care retirement communities there.
Another defendant in American Senior Communities fraud case agrees to plead guilty
By
Lois A. Bowers
Nov 27, 2017
Another defendant in the alleged $16 million fraud, kickback and money-laundering scheme involving former executives of American Senior Communities has agreed to plead guilty to charges against him.
OIG plans review of Medicaid waivers, employee background checks, more
By
Lois A. Bowers
Nov 10, 2016
Reviews of Medicare and Medicaid payments, fraud and abuse, and employee background check efforts are some of the items on the agenda for the Department of Health and Human Services Office of Inspector...