Insurance Costs Expected to Rise for Senior Living Facilities

Senior Housing News, always a favorite information source for the Lowndes Senior Housing Practice Group, has a great new article regarding rising liability risk and liability insurance costs affecting senior housing communities – which includes one prediction for a rise of as much as a thirty percent (30%) in liability insurance costs for 2019.

Senior Housing Operators Must Address Risks as Liability Insurance Costs Grow

The article is well worth a read, but a key takeway is the importance of owners and operators to pay attention to resident acuity levels.  Beyond annual or semi-annual facility resident assessments, training staff to see warning signs of dementia or other problems can help avoid costly claims down the line.

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