The U.S. Senate committee on Aging is investigating the assisted living industry, discussing the concerns regarding the high costs, quality of care, and financial practices. Both Republican and Democratic senators have expressed support for the inquiry but are wary of further federal regulation. The dominant concern is the poor care and the high costs that residents experience in assisted living facilities, with Medicare not covering long-term care and only a limited number of facilities accepting Medicaid. The federal government has limited oversight over the industry, with minimal transparency. There is a call to increase transparency and consumer information to improve the assisted living industry.
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