Argentum is thrilled to share that our priority legislation, the SENIOR Act, has officially been reintroduced in Congress! The legislation is led by Representatives Lori Trahan (D-MA) and Brian Fitzpatrick (R-PA) and is intended to address access and affordability of assisted living and the industry’s workforce needs (see our press release).

Specifically, The SENIOR Act (“Safeguarding Elderly Needs for Innovation and Occupational Resources”) would:

1. Create a cost-reduction program allowing seniors to choose assisted living care instead of costlier skilled nursing facilities that rely on Medicaid.
2. Re-target existing HHS and DOL workforce training programs like Job Corps, American Job Centers and others to offer specializations in senior care.

Representatives Lori Trahan (D-MA) and Brian Fitzpatrick (R-PA) have begun circulating a letter to other lawmakers urging support of the SENIOR Act. Introduced last month, H.R. 6530 helps to support senior caregivers through two critical investments: (1) creating a $10 billion caregiver sustainability fund similar to the Provider Relief Fund (PRF), and (2) establishing $1.25 billion in federal grants for workforce development that would provide four-year grants of up to $1 million per entity.

Argentum is pleased to share that Representatives Lori Trahan (D-MA) and Brian Fitzpatrick (R-PA) have introduced the SENIOR Act (Safeguarding Elderly Needs for Infrastructure and Occupational Resources). The legislation came at Argentum’s request and addresses the imminent need for investing in human infrastructure to support America’s rapidly aging population.