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Continuing Care Retirement Communities: Risks and Benefits $47.00
Editors: Phillip G. Moore and Liam F. Miller
Book Description:
This book examines the risks and benefits of Continuing Care Retirement Communities (CCRC). CCRCs can benefit older Americans by allowing them to move among and through independent living, assisted living, and skilled nursing care in one community. They offer a range of contract types and fees that are designed to provide long-term care and transfer different degrees of the risk of future cost increases from the resident to the CCRC. Developing CCRCs can be a lengthy, complex process that requires significant long-term financing and accurate revenue and cost projections. Once operational, risks to long-term viability include declining occupancy and unexpected cost increases. While few CCRCs have failed, challenging economic and real estate market conditions have negatively affected some CCRCs occupancy and financial conditions. (Imprint: Novinka)

Table of Contents:
Preface

Older Americans: Continuing Care Retirement Communities Can Provide Benefits, but Not Without Some Risk
(GAO)

Continuing Care Retirement Communities: Risks to Seniors
(United States Senate Special Committee on Aging)

Opening Statement of Senator Herb Kohl, Chairman, Special Committee on Aging. Hearing on "Continuing Care Retirement Communities (CCRCs): Secure Retirement or Risky Investment?"

Older Americans: Continuing Care Retirement Communities Can Provide Benefits, but Not Without Some Risk. Testimony of Alicia Puente Cackley, Director, Financial Markets and Community Investment, (GAO). Hearing on "Continuing Care Retirement Communities (CCRCs): Secure Retirement or Risky Investment?"

Testimony of Kevin M. McCarty, Insurance Commissioner, Florida Office of Insurance Regulation. Hearing on "Continuing Care Retirement Communities (CCRCs): Secure Retirement or Risky Investment?"

Testimony of Professor Katherine C. Pearson, Pennsylvania State University. Hearing on "Continuing Care Retirement Communities (CCRCs): Secure Retirement or Risky Investment?"

Testimony of Charles W. Prine, Resident of Concordia of the South Hills CCRC. Hearing on "Continuing Care Retirement Communities (CCRCs): Secure Retirement or Risky Investment?"

Testimony of David Erickson, Vice President for Legal Affairs, Covenant Retirement Communities. Hearing on "Continuing Care Retirement Communities (CCRCs): Secure Retirement or Risky Investment?"

Index

   Series:
      Retirement Issues, Plans and Lifestyles
   Binding: ebook
   Pub. Date: 2012
   Pages: 6 x 9 (NBC - G)
   ISBN: 978-1-62100-958-0
   Status: AV
  
Status Code Description
AN Announcing
FM Formatting
PP Page Proofs
FP Final Production
EP Editorial Production
PR At Prepress
AP At Press
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Continuing Care Retirement Communities: Risks and Benefits