Long-Term Care Costs Increase in New York, On Par with National Costs
1. New York long-term care costs rose but align with national averages. 2. GNW's CareScout may indicate consistent demand for services.
FAQ
Why Bullish?
The rising costs indicate a sustainable market for GNW's services, similar historical patterns have bolstered stock growth.
How important is it?
Increased long-term care costs can lead to higher revenue for GNW, reflecting positively on stock performance.
Why Short Term?
Immediate demand for long-term care services can influence GNW's short-term financial metrics positively.