Older Americans
Sub-Title:
Continuing Care Retirement Communities Can Provide Benefits, but Not Without Some RiskAuthor:
Alicia Puente CackleyPublisher:
DIANE Publishing CompanyPublication Date:
03-01-2011ISBN:
9781437937725Pages:
43Subjects:
HealthAvailable as:
Paperback, 9781437937725Description:
A growing number of older Americans are choosing continuing care retirement communities (CCRC) to help ensure that their finances in retirement will cover the cost of housing and care they may require. However, recent economic conditions have placed financial stress on some CCRCs. This report describes: (1) how CCRCs operate and the risks they face; (2) how state laws address these risks; (3) risks that CCRC residents face; and (4) how state laws address these risks. To review these areas, the report analyzed state laws pertaining to CCRCs with respect to financial oversight and consumer protection, met with selected state regulators, and interviewed CCRC providers, resident's assoc., and consumer groups. A print on demand report.
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