“5 insights from NIC’s Middle Market Investor Summit,” by Lois A. Bowers, McKnight’s Senior Living

“Several panelists shared insights about current and potential efforts to meet middle-income older adults’ senior housing and care needs on Tuesday at the National Investment Center for Seniors Housing & Care’s Middle Market Investor Summit in New York City. The event came as NIC released an analysis showing that reducing the annual cost of senior living by $10,000 could enable 2.3 million more older Americans to afford it, and reducing it by an additional $5,000 on top of that would enable 3.6 million more people to afford it. Here are a few insights that caught our attention.”

 

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Click through to see their insights. But here’s a key insight from Center member and LTCI producer Romeo Raabe: “This shows that many people only need a small (affordable) LTCi policy to be able to pay for their care!”