News / Articles

North Carolina’s newly enacted CCRC legislation, House Bill 357, significantly strengthens state oversight of Continuing Care Retirement Communities by expanding licensing requirements, enhancing financial disclosure obligations, and reinforcing protections for current and prospective residents. The law empowers the Department of Insurance to intervene early when communities show signs of financial instability, requires more frequent and detailed reporting—including quarterly financial statements—and mandates clearer, timelier refunds of entrance fees. It also regulates deposits for facilities not yet built, standardizes disclosure statements, and ensures residents are better informed about the risks and obligations associated with their contracts. These reforms are designed to promote transparency, accountability, and consumer confidence across the senior living sector.

A looming crisis in U.S. nursing homes stems from two converging threats: tighter immigration enforcement and proposed Medicaid cuts. Nearly 30% of long-term care workers are immigrants; their care is vital to CCRC residents. As staff shortages grow and policy pressures mount, advocates are warning of worsening care for aging Americans unless protections for the foreign-born workforce are maintained. A recent article in KFF Health News provides a clear picture of the human value delivered by immigrant professional caregivers.

Our digital age now includes virtual villages for seniors living independently and not in managed residential communities like CCRCs.