News

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McKnight's Senior Living
mcknightsseniorliving.com > news > long-term-care-insurance-bill-a-step-in-right-direction-but-more-needed-industry-advocate-says

Long-term care insurance bill ‘a step in right direction,’ but more needed, industry advocate says

Long-term care insurance bill ‘a step in right direction,’ but more needed, industry advocate says1+ week, 6+ 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…...

2.
McKnight's Senior Living
mcknightsseniorliving.com > news > long-term-care-insurance-covers-2-6-years-in-assisted-living-on-average-report

Long-term care insurance covers 2.6 years in assisted living, on average: report

Long-term care insurance covers 2.6 years in assisted living, on average: report3+ week, 1+ day 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,…...

3.
McKnight's Senior Living
mcknightsseniorliving.com > news > long-term-care-is-elephant-in-room-in-financial-planning-discussions-despite-concerns

Long-term care is ‘elephant in room’ in financial planning discussions, despite concerns

Long-term care is ‘elephant in room’ in financial planning discussions, despite concerns1+ 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…...

4.
McKnight's Senior Living
mcknightsseniorliving.com > news > most-americans-expect-to-need-long-term-care-in-the-future-and-they-dont-want-that-care-in-assisted-living

Most Americans expect to need long-term care in the future, and they don’t want that care in assisted living

Most Americans expect to need long-term care in the future, and they don’t want that care in assisted living2+ mon, 2+ week ago  (470+ words) Most Americans participating in a new survey said that if they need long-term care, they want to receive it in their own homes instead of an assisted living community or nursing home. Results also indicate that Americans" belief that they…...

5.
McKnight's Senior Living
mcknightsseniorliving.com > news > 2-pennsylvania-bills-address-senior-living-workforce-challenges-in-different-ways

2 Pennsylvania bills address senior living workforce challenges in different ways

2 Pennsylvania bills address senior living workforce challenges in different ways2+ mon, 3+ week ago  (282+ words) Pennsylvania lawmakers are considering two bills that would boost the senior living and care workforce by encouraging more people to consider careers in the field. SB 116 would allow high school juniors and seniors to earn up to two graduate credits…...

6.
McKnight's Senior Living
mcknightsseniorliving.com > news > carescout-launches-long-term-care-insurance-option

CareScout launches long-term care insurance option

CareScout launches long-term care insurance option2+ mon, 3+ week ago  (217+ words) Potential long-term care residents, patients and clients now have an additional option available to help them pay for their future care needs. Richmond, VA-based CareScout, a wholly owned subsidiary of Genworth Financial, on Wednesday announced the launch of CareScout Care…...

7.
McKnight's Senior Living
mcknightsseniorliving.com > news > independent-living-holds-pricing-power-compared-with-needs-based-senior-living-nic

Independent living holds pricing power compared with needs-based senior living: NIC

Independent living holds pricing power compared with needs-based senior living: NIC2+ mon, 4+ week ago  (251+ words) Independent living continues to lead the senior living industry in rent growth, holding its pricing power in 2025 compared with needs-based senior living settings, according to a blog post from the National Investment Center for Seniors Housing & Care. "Segments with longer…...

8.
McKnight's Senior Living
mcknightsseniorliving.com > news > low-income-medicare-beneficiaries-most-likely-to-face-healthcare-affordability-challenges

Low-income Medicare beneficiaries most likely to face healthcare affordability challenges

Low-income Medicare beneficiaries most likely to face healthcare affordability challenges3+ mon, 1+ day ago  (316+ words) Healthcare affordability and accessibility for Medicare beneficiaries varies by income level and subsidy eligibility. Medicare beneficiaries with lower incomes are more likely to experience affordability challenges than wealthier recipients, likely due to limited financial support, according to the paper's authors,…...

9.
McKnight's Senior Living
mcknightsseniorliving.com > news > re-introduced-federal-bill-proposes-long-term-care-commission-this-time-with-senior-living-representation

Re-introduced federal bill proposes long-term care commission, this time with senior living representation

Re-introduced federal bill proposes long-term care commission, this time with senior living representation3+ mon, 1+ week ago  (388+ words) A bipartisan federal bill proposes creating a national commission to make recommendations on how to improve long-term care service delivery, financing and workforce adequacy, among other issues, to increase access to affordable services. And unlike similar bills introduced in other…...

10.
McKnight's Senior Living
mcknightsseniorliving.com > news > wish-act-could-substantially-improve-retirement-outcomes-for-those-with-catastrophic-ltss-needs-analysis-finds

WISH Act could 'substantially' improve retirement outcomes for those with catastrophic LTSS needs, analysis finds

WISH Act could 'substantially' improve retirement outcomes for those with catastrophic LTSS needs, analysis finds3+ mon, 4+ week ago  (300+ words) The Well-Being Insurance for Seniors to be at Home, or WISH, Act "substantially improved retirement-income adequacy," particularly for unmarried individuals and households with higher projected costs for long-term services and supports, in a new simulation by Chicago-based insights provider Morningstar....