Description: This study develops a valid resident experience database to allow financial and operational analyses of CCRC and other senior congregate living arrangements, based on data specific to these facilities. Utilizing experience from 72 facilities, the study developed actuarial decrement rates for mortality, morbidity and withdrawal patterns.

Description: Experience study covering over 80 continuing care retirement communities, CCRCs, in California including 17 life care communities, offering retirees residential living and services of health care and personal care. Life expectancy experience of residents of CCRCs is developed in support of the California statutory reserve requirements for CCRCs.