Long-term inflation threatens life plan community margins
By
Kathleen Steele Gaivin
Jun 27, 2022
Life plan communities can weather the challenges brought about by inflation for now, but long-term inflation stretching into next year would pressure margins, according to Fitch Ratings.
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while the unemployment rate At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while...
Inflation, recession worry Americans most when considering retirement spending power
By
Kathleen Steele Gaivin
Jul 12, 2022
Eighty-one percent of Americans are worried about the effects that inflation and the recession will have on their spending power during retirement, according to the Protected Retirement Income and Planning...
Inflation ‘tug-of-war’ affects senior living construction
By
Lois A. Bowers
Aug 02, 2019
Inflation “seems to be playing a tug-of-war game” with the construction market, according to a new issue brief written by The Weitz Company 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.
Healthcare costs in retirement expected to increase
By
Alyssa Salela
Jun 25, 2017
Healthcare costs are expected to continue rising faster than inflation and Social Security, according to a recent report.
Inflation Reduction Act called a ‘game-changer’
By
Kathleen Steele Gaivin
Aug 09, 2022
Medicare beneficiaries will not have to pay more than $2,000 per year for their medications, and beneficiaries with diabetes will not have to pay more than $35 per month for insulin, under the terms of...
Slow recovery leads to healthcare spending decline for first time in 50+ years
By
Kathleen Steele Gaivin
Jul 28, 2022
For the first time in more than 50 years, inflation-adjusted healthcare spending declined, according to a research brief published Wednesday by research and consulting organization Altarum.
Cost inflation is ‘strategic challenge’ in senior living construction
By
Kathleen Steele Gaivin
Jun 10, 2022
Cost inflation continues to be a hot topic and a “strategic challenge” in senior living construction, Tad Melton, managing director at Ziegler, said Wednesday at a webinar hosted by the specialty investment...