Long-Term Care Costs Increase in Minnesota, Exceeding National Costs
1. Long-term care costs in Minnesota rose, surpassing national average. 2. Increased costs may drive demand for GNW's services.
1. Long-term care costs in Minnesota rose, surpassing national average. 2. Increased costs may drive demand for GNW's services.
Historically, increased demand in long-term care services correlates with GNW's revenue growth.
Healthcare cost increases typically lead to higher service demand, positively impacting GNW.
Immediate increases in care costs may boost GNW's service utilization.