October 1, 2011 | 9:00 am |
The economic news of the past few weeks has not been good. While the market has become more volatile, new cuts to Medicare and Medicaid were announced in Washington, D.C.
The states are expected to follow suit with potential cuts to Medicaid or MediCal reimbursement. None of this is good news for older people, including ABHOW residents. Those in need of nursing assistance are particularly vulnerable to increases in the cost of care.
At times like these, ABHOW residents can be assured that the Foundation endowments provide regular financial support for benevolent care. So we continue to urge today‘s residents to consider contributions that help present and future residents enjoy our promise of lifetime care. “You'll never be asked to leave should you run short of funds through no fault of your own,” is a promise we treasure and aim to keep. Our community endowments make that promise possible. We urge you in these times of financial turmoil to consider helping us continue to make a difference.
Your direct contribution, charitable gift annuity or bequest will improve the lives of seniors today, tomorrow and into the future. And that is something we can all feel good about.
About ABHOW
Founded in 1949, ABHOW is widely known for its pioneering leadership in senior housing and health care. The company serves more than 5,000 residents in 37 retirement communities in California, Arizona, Nevada and Washington.
To learn more about ABHOW visit www.abhow.com.
This article appeared in the Fall 2011 issue of Legacy.
