The National Center for Assisted Living (NCAL) has developed materials providers can use to explore the feasibility of expanding affordable assisted living options across the country. The suite of resources, below, includes the executive summary, state-specific data, the Assisted Living Operating Proforma and Financial Feasibility Analysis Model, and a user guide for the financial model.
These resources are part of a larger effort by NCAL to help members meet the changing needs of a growing senior population. Nationally, the 80 and over population is forecasted to grow over 9 percent between now and 2027. The number of unpaid caregivers will on average decrease over the next five years, resulting in the increased need for paid caregiving in an appropriate long term care setting such as assisted living. Lower incomes for those 75-plus and home ownership status also play a role in affording assisted living care.
NCAL also offers a white paper entitled, “The Importance of Expanding Affordable Assisted Living Options and Proposed Solutions.” It outlines challenges to offering more affordable assisted living for low- and middle-income seniors and offers solutions.
Please contact ncal@ncal.org with any questions.