ALFA is accepting articles written by ALFA Allied Members to educate providers on issues critical to running a successful senior living community. ALFA’s Allied Members offer years of experience and a unique perspective on senior living issues. If you are an Allied Member, submit your article proposal.
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Change is coming to senior living. It’s coming from multiple angles and affecting every aspect of the industry, from senior living providers to the companies that support them.
Terrorism Risk Insurance Act: Willis is closely following legislative developments on the Terrorism Risk Insurance Act (TRIA, renewed as TRIPRA in 2007), an extremely important issue for our clients. We can now report further progress in the on-going discussion on Capitol Hill related to the renewal of the federal government's terrorism insurance backstop (TRIPA).
When choosing an electricity supply contract, customers have several price options. A fixed-price supply contract stipulates that the customer pays the same price per kilowatt hour (kWh) for all electricity consumed during the contract term. Ensuring budget certainty, a fixed-price contract allows the customer to estimate its supply costs each year by multiplying projected usage by the fixed-price per kWh.
“Breaking the stereotype” is how Jeff Getek, a public affairs manager for Erickson Living, describes his company’s philosophy that senior living communities don’t have to compromise between being stewards of the environment and providing their residents with an amenity-filled lifestyle.
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