US Senate Special Committee on Aging Holding Hearing on CCRCs

Yesterday, on July 20, 2010, Chairman of the Special Committee on Aging, US Senator Herb Kohl, announced a hearing to be held today entitled “Continuing Care Retirement Communities (CCRCs): Secure Retirement or Risky Investment?” on continuing care retirement communities. The stated purpose of the hearing is to “examine issues of financial stability and potential risks to consumers who pay large entrance fees to join such communities.”

Click the link below to read the full alert.

Service Specialties