What makes these community living centers worse,
is that the income-qualified seniors frequently underestimate the true
cost of living there, at least initially. When some of these seniors
did additional homework, many revised their estimates upwards. The
results were a more favorable comparison between the income-qualified
senior's current cost of living with today's rise in higher service
fees for independent community living centers.
While prevailing wisdom offered hints that this perceived cost gap
might not be that significant, there was no significant quantitative
evidence regarding these comparative costs of living. The American
Senior Housing Association (ASHA) recently hired Moore Diversified
Services to investigate this important issue.
By: becky Posted: Oct 23 2005 11:35:03 AM