Several facets of the Affordable Care Act come into play beginning in 2016, raising questions about how the law’s continuing implementation will impact the senior housing industry. A survey released earlier this year by the International Foundation of Employee Benefit Plans found that 33% of employers expect the greatest cost increase from the ACA to […]
Merit Senior Living
High turnover rates have long plagued the senior living industry, with recruiting and training costs taking a toll on the community, and the change in employees affecting resident satisfaction. But the factors leading to turnover can often be influenced by the leader of the organization, experts say. Research shows that replacing one employee could cost […]
The postponed implementation of the Affordable Care Act’s provision for employer-sponsored health insurance has given senior living providers an extra year to figure out their coverage plan and staffing strategy—time that can’t be wasted, industry stakeholders say. Originally slated to take effect in January 2014, the ACA’s “employer mandate/employer penalty” was delayed until 2015. It requires […]