3+ hour, 22+ min ago  (334+ words) A federal audit of assisted living communities that received emergency funding during the COVID-19 pandemic found that a small portion of providers either misspent those dollars or did not properly account for their spending. Results and recommendations based on the…...

6+ day, 1+ hour ago  (436+ words) Private equity and real estate investment trusts are the main financing vehicles in long-term care, and their presence, ultimately, has hurt quality of care, elder abuse litigation attorney Ed Dudensing said Tuesday during a webinar sponsored by the Long-Term Care…...

1+ week, 4+ day ago  (320+ words) Costs for employer-sponsored health insurance plans outpaced inflation across all states from 2023 to 2024, according to an issue brief. No states saw decreases in premiums "Employer-sponsored insurance remains the backbone of health coverage in the United States, but it is becoming…...

1+ week, 5+ day ago  (172+ words) A proposed bill in the Wisconsin Assembly would add a specific long-term care guaranty account within the state's insurance security fund in an effort to bolster protections for policyholders. One state advocacy organization for the senior living industry says that…...

1+ week, 6+ day ago  (156+ words) The Centers for Medicare & Medicaid Services on Tuesday announced Medicaid income and resource standards that will go into effect Jan. 1. Certain income and resource standards are adjusted beginning each January in accordance with changes in the Supplemental Security Income federal…...

3+ week, 1+ hour ago  (300+ words) Nationwide, long-term care insurance policies are being used to cover an average of 2.6 years in assisted living, where the average annual cost to live is $70,800, according to a new report from America's Health Insurance Plans. By comparison, in nursing homes,…...

1+ mon, 2+ day ago  (275+ words) Private equity's expanding role in nursing homes and other healthcare settings is raising alarms from coast to coast, with state lawmakers introducing legislation in an effort to reduce its control over the sector, according to a new report and legislative…...

1+ mon, 2+ day ago  (437+ words) The average cost of employer-sponsored health insurance is expected to climb to $18,500 per employee next year after reaching $17,496 this year, Mercer predicts in its 2025 National Survey of Employer-Sponsored Health Plans. The 2025 increase represented a 6% rise in healthcare premiums, which Mercer…...

1+ mon, 1+ week ago  (226+ words) Despite widespread concern about long-term care needs, the topic often is the "elephant in the room" when it comes to financial planning discussions, according to new data from Lincoln Financial. Eighty-two percent of respondents to an October survey via Lincoln…...

1+ mon, 1+ week ago  (264+ words) Senior living and care led healthcare bankruptcies in the third quarter, according to a new report from healthcare restructuring advisory firm Gibbins Advisors. The total of three long-term care filings was one more than filed in the previous quarter but…...