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Financing Assisted Living

The following articles are designed to educate and inform the public of news and resources to provide consumers with a better understanding of how to finance assisted living for themselves and/or a family member.

12/6/2016
Advocacy, Facts and Figures, Federal Agency Activity, Legislation, Long Term Care Insurance, Long Term Care Insurance Education, News, Public Policy, Regulations
A House subcommittee last week held a hearing on the federal long-term care insurance program, which recently came under fire for significantly higher...
11/16/2016
Consumer Funding Resources, Facts and Figures, Family Relations, Financing Senior Living – Consumer Education, News, Research, Resident and Family Services
Educating family and other caregivers about a primary benefit of the Social Security’s Representative Payee Program may help expand its coverage, acco...
11/16/2016
Facts and Figures, Financing Senior Living – Consumer Education, Medicare, News
The Social Security Administration announced that the cost-of-living adjustment, or COLA, for Social Security benefits will be 0.3 percent for 2017 an...
11/10/2016
The Centers for Disease Control’s National Center for Health Statistics has launched the third wave of the National Study of Long-Term Care Providers,...
11/10/2016
Federal Agency Activity, Medicare, News
The federal government is preventing additional health insurance companies from automatically moving Medicare beneficiaries into Medicare Advantage pl...
11/1/2016
The population of Latino workers is expanding in the United States, but Latino-Americans face significant retirement challenges, according to a Center...
11/1/2016
Active & Engaged Seniors, Facts and Figures, Health and Wellness, Medicaid, Medicaid, Medicare, News
A new study seeks to describe the characteristics and health spending of Medicare beneficiaries with physical and cognitive impairments, or PCI, and e...
11/1/2016
Senate Finance Committee staff have issued a draft of legislation to address chronic care issues, which includes asking for a report to Congress to in...
9/28/2016
Medicare Advantage premiums are expected to remain stable next year for about 67 percent of enrollees, according to the Centers for Medicare and Medic...
9/7/2016
Consumer Funding Resources, Facts and Figures, Federal Agency Activity, Financing Senior Living – Consumer Education, Memory Care Education, News
The National Institutes of Health has released its budget proposal for fiscal year 2018 outlining the optimal approach it would take to meet the resea...
9/7/2016
Consumer Funding Resources, Facts and Figures, Family Relations, Financing Senior Living – Consumer Education, News, Research, Resident and Family Services
Many older Hispanics expect to provide care for an aging family member or friend within the next five years, although few say they are prepared to do ...
9/1/2016
Accountable Care Organizations (ACO), Facts and Figures, Health Care, Medicare, News, Partnerships, Research
Accountable care organizations, or ACOs, have saved more than $1.29 billion since 2012, according to a statement from the Centers for Medicare and Med...
9/1/2016
High-need adults, who are defined as having three or more chronic diseases and limitation in ability to care for themselves, account for a high propor...
8/18/2016
Financing Senior Living – Consumer Education, Long Term Care Insurance, Long Term Care Insurance Education, Medicare, News
The Centers for Medicare and Medicaid Services (CMS) will make changes to the Medicare Advantage Value-Based Insurance Design (MA-VBID) mode.
8/18/2016
A study by the Center for Retirement Research has shown a decline in replacement rates for married couples.
8/11/2016
Advocacy, Long Term Care Insurance, Long Term Care Insurance Education, News, Public Policy
The discussion continues over rising long-term care insurance rates as news reports highlight the plights of consumers and federal workers who face a ...
8/11/2016
The Social Security Administration may have to reduce services and furlough employees if appropriations bills from the House and Senate are successful...
8/2/2016
Facts and Figures, Medicare, Medication Management
Medicare announced the average basic premium for a Medicare Part D prescription drug plan in 2017 is expected to remain “relatively stable” at an esti...
8/2/2016
Accountable Care Organizations (ACO), Medicare, Partnerships, Strategy
Senior living firms are poised for progress with accountable care organizations, ready to engage with these groups of doctors, hospitals and other hea...
7/28/2016
Advocacy, Facts and Figures, Financing Senior Living – Consumer Education, Insurance, Long Term Care Insurance, News, Reports
Virginia lawmakers are asking the Office of Personnel Management just why premiums in the federal long-term care insurance program are expected to zoo...
7/21/2016
Financing Senior Living – Consumer Education, Health Care, Human Resources and Organizational Development, Long Term Care Insurance, Long Term Care Insurance Education, News, Organization Development, Organizational Culture, Staffing, Staffing & Performance
Some federal employees could see long-term care insurance rate increases of up to 126 percent beginning November 1, according to the Office of Personn...
7/21/2016
Consumer Funding Resources, Facts and Figures, Financing Senior Living – Consumer Education, Health Care, Long Term Care Insurance, Long Term Care Insurance Education, News, Research
Total health spending growth is expected to average 5.8 percent annually from 2015 to 2025, but is at a lower growth rate that the previous two decade...
7/13/2016
Core Principles, Elder Abuse, Family Relations, Financing Senior Living – Consumer Education, News, Resident and Family Services
The Administration on Community Living has announced grant awards of approximately $1.2 million designed to help older adults have access to legal ser...
6/29/2016
ALFA's Public Policy Positions, Engage, Facts and Figures, Finance, Financing Senior Living – Consumer Education, News, Public Policy
Americans face an alarming $7.7 trillion gap between what they actually have saved for retirement and what they will need, said the head of the Senate...
6/29/2016
Greater integration is needed between the nation’s health care and housing systems(pdf) to help manage chronic disease, improve health outcomes for se...
6/8/2016
Facts and Figures, Financing Senior Living – Consumer Education, Insurance, Long Term Care Insurance Education, Medicaid, Research
A long term services and supports catastrophic insurance program could improve the way LTSS needs are financed in the United States, according to a re...
5/19/2016
CEO, cheatsheet, Clinical Quality and Quality Care Delivery, End of Life, Facts and Figures, Health and Wellness, Health Care, Medicare, Research, Wellness Program
The new Medicare system for reimbursing providers outlined in the Medicare Access and CHIP Reauthorization Act, or MACRA, may not adequately reward go...
5/19/2016
Business Planning, CEO, cheatsheet, Consumer Intelligence, Facts and Figures, Financing Senior Living – Consumer Education, Growth Strategies, Research
While the costs of long-term care continue to rise, assisted living continues on a slower growth trajectory than other types of long term care, accord...
5/19/2016
Advocacy, CEO, cheatsheet, Employee Compensation, Facts and Figures, Finance, Legislation, Medicaid, Medicaid, Public Policy, Staffing, Staffing & Performance
The Department of Labor this week finalized the “white collar” rule, which increases the salary threshold for workers who qualify for overtime pay. Th...
4/6/2016
Consumer Intelligence, Facts and Figures, Financing Senior Living – Consumer Education, Reports
American women are a bit more optimistic about their financial futures compared to a year ago, according to a new survey from investment management fi...