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Testing Financial Stability of Continuing Care Retirement Communities

Testing Financial Stability of Continuing Care Retirement Communities This paper introduces continuing care retirement communities and outlines the major recent developments in financing ...
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Description: This paper introduces continuing care retirement communities and outlines the major recent developments in financing procedures and regulatory requirements aimed at keeping these entities solvent. In particular, it describes the Actuarially Based Financial Management System created by the AAA and the accounting Statement of Position 90-8 promulgated by the AICPA. From Transactions of Society of Actuaries 1995 Vol. 47
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- Authors: Gary Brace, John M Bragg, Robert J Callahan, John H Cook, Niels H Fischer, Thomas K Hartman, David L Hewitt, Ernest J Moorhead, Cecil J Nesbitt, Mark D Peavy, Daniel W Pettengill, J Darrison Sillesky, H Selwyn Torrance
- Date: Jan 1994
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Long-term Care>Long-term care facilities & home care

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