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Gilded Pastures


Abstract This expository thesis explores the financial health and actuarial analysis of a particular solution for those seeking stability and security in their golden years: the CCRC industry. A continuing care retirement community, or CCRC, is a comprehensive project and campus that offers its residents a full spectrum of care from independent living, to assisted living, to skilled nursing. After reading this paper, any person with no prior knowledge of a continuing care retirement community should gain a firm understanding of the background, risks and benefits, and legislative safeguards of this complex industry. Financially, a CCRC operates in some aspects similar to long-term care (LTC) insurance. However, CCRCs provide multiple levels of care o... (more)
Created Date 2017-05
Contributor Tang, Julie (Author) / Milovanovic, Jelena (Thesis Director) / Hassett, Matthew J. (Committee Member) / School of Mathematical and Statistical Sciences / Barrett, The Honors College
Subject Retirement Communities / Senior Care / Senior Living / Long-term Care / Actuaries / Continuing Care / Senior Planning / CCRC
Series Academic Year 2016-2017
Type Text
Extent 30 pages
Language English
Copyright
Reuse Permissions All Rights Reserved
Collaborating Institutions Barrett, the Honors College
Additional Formats MODS / OAI Dublin Core / RIS


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