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...
Care management improves ROI for dementia-related care costs: study
By
Kathleen Steele Gaivin
May 28, 2024
Care management significantly improved healthcare costs, utilization and overall return on investment for Medicare managed-care people living with dementia who were enrolled in one dementia care management...
Legislation would require life plan community transparency
By
Kathleen Steele Gaivin
May 18, 2021
Proposed legislation in New Mexico would require life plan community operators to be more upfront with investors about community finances.
‘Out-of-favor’ asset classes gaining interest among investors
By
Kathleen Steele Gaivin
Jun 14, 2022
Gaining renewed focus are “out-of-favor” asset classes for which a catalyst exists that can turn them into “in-favor” asset classes, Dan Gorczycki, managing director of TrueRate Services, wrote...
Bill aims to override Supreme Court decision on Chevron deference
By
Kathleen Steele Gaivin
Jul 24, 2024
Legislation introduced Tuesday in the Senate would override the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo to overturn the so-called Chevron doctrine, which held that...
Sabra Health Care REIT to reduce SNF exposure, diversify portfolio
By
Kathleen Steele Gaivin
May 06, 2022
Irvine, CA-based Sabra Health Care REIT is focusing on diversifying its portfolio this year, including reducing its skilled nursing facility exposure, CEO, President and Chair Rick Matros said on Thursday’s...
‘Aggressive’ rate increases needed in long-term care: ESI
By
Kathleen Steele Gaivin
Oct 13, 2022
Due to increased debt costs and other inflationary pressures, rate increases in long-term care are inevitable, Evans Senior Investments Director Kris Lowes said Wednesday. He called for operators to “aggressively...
Long-term care management company ordered to pay $3 million in back pay to 3,024 workers
By
Kathleen Steele Gaivin
May 25, 2022
A company managing long-term care facilities in four states will pay almost $3 million in back overtime pay to 3,024 workers across 84 locations, the Department of Labor’s Wage and Hour Division announced...
The needs of middle-class Americans over 55 often go unmet: SCEPA
By
Kathleen Steele Gaivin
Dec 06, 2023
Many adults aged 55 and older who have difficulty with daily and instrumental activities aren’t getting the help they need, research associate Jessica Forden of the Schwartz Center for Economic Policy...
Investors re-evaluate parameters of financial performance post-pandemic: NIC Leadership Huddle
By
Kathleen Steele Gaivin
Jun 17, 2021
Equity and debt partners are looking a little differently at the relationships among revenues, expenses and returns than they did before the pandemic, according to panelists at yesterday’s Leadership...