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.
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.
