Subsidizing assisted living is one way to increase long-term care options for middle-income ‘near duals,’...
By
Kimberly Bonvissuto
Oct 10, 2024
Approximately 6.5 million, or 12%, of US older adults, are at risk of continuing to face limited options for their long-term care needs due to their income, according to new research from NORC at the University...
Experts share keys to present, future success in developing for the middle market
By
Kimberly Bonvissuto
Sep 25, 2024
Meeting middle-income older adults’ needs for housing and services involves many challenges and opportunities, and senior living and care operators must be part of the solution, according to experts...
Survey reveals knowledge gap in long-term care planning among income groups
By
Donna Shryer
Sep 18, 2024
A new survey reveals that 77% of upper-income consumers are familiar with long-term care insurance, compared with only 67% of middle-income consumers, highlighting a significant knowledge gap in long-term...
NIC’s Mace transitions to advisory role
By
Kathleen Steele Gaivin
Jun 08, 2023
The National Investment Center for Seniors Housing & Care disclosed Tuesday that Beth Burnham Mace is vacating her role as chief economist to become a consultant and special adviser for the organization.
Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...
Integrating housing and healthcare to stimulate move-ins and margins
By
Kimberly Bonvissuto
Oct 27, 2023
CHICAGO — For decades, the senior housing industry catered to the business of wants, building on lessons from the hospitality industry in offering comfort, ease and fun. But only 10% of Americans have...
Advice for those interested in the middle market
By
Lois A. Bowers
Nov 06, 2023
For senior living and care organizations looking to begin serving the middle market — and judging by the standing-room-only crowd at a session during the LeadingAge Annual Meeting Sunday afternoon, there...
Middle-income Amerians nearing retirement face worsening health, fewer resources
By
Kimberly Bonvissuto
Aug 25, 2023
Middle-income Americans nearing retirement face worsening health and economic well-being, according to a new Health Affairs study.
New report offers 4 ideas to meet the needs of the ‘forgotten middle’
By
Kimberly Bonvissuto
Jan 10, 2024
A new report released Tuesday by the Milken Institute presents four potential solutions to improving the financing and delivery of housing for the “forgotten middle,” those whose incomes are too low...
Senior housing future must prioritize affordability, connected health services, experts say
By
Kimberly Bonvissuto
Dec 09, 2022
Consumers are going to force change in senior living due to their enormous needs and demands — but not for the products that exist today, according to industry experts.