GAO on CRRCs and Boards of Directors

Earlier this year, Senator Kohl, Chair of the Senate Aging Committee, requested that the GAO study the finances, operations and governance of CCRCs. According to Kohl, seniors invest significant portions of their life savings when entering a CCRC and in many cases, little is known about CCRC operators and less is regulated in regard to … Read more

Reform: The Senate Version

After weeks/months of meetings, Senator Baucus of Montana representing the “gang of six” (three Democrats and three Republicans) released the Senate Finance Committee version of “healthcare reform”.  What started as a bi-partisan sub-committee alternative to the House version (HR 3200) ended as essentially, a Baucus bill; legislation lacking any real support from Senate Democrats and … Read more