Relief From High Inflation for Continuing Care Residents
Alberta’s government will reduce the impact of high inflation on continuing care residents by paying the first three months of this year’s annual increase in accommodation charges for them.
The government will provide $10.4 million to continuing care operators, on behalf of residents, to offset one-quarter of this year’s increase in accommodation charges for Albertans in long-term care and designated supportive living.
Operators are permitted by legislation to raise accommodation rates each July 1 by the rate of inflation over the previous year. This year’s increase will be 5.5 per cent. The government will pay operators directly for the increase for July 1 to Sept. 30.
READ MORE HERE
-
Date
Apr 05, 2022
-
By
Government of Alberta
Newsletter
Sign up for the Healthy Aging CORE Alberta e-news to keep up-to-date with activity from the platform and the Community-Based Seniors Services (CBSS) sector across the province.