Impact of Revisions to Long-Term Care Reimbursement and Changes to the Long-Term Care Insurance System
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 11 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The long-term care insurance system is reviewed and revised every 5 years, while long-term care fees are revised every 3 years. Going forward, if changes in laws or systems result in stricter regulations or other developments, changes to service content and various responses will be required, which may affect our group’s business development. Revisions to long-term care fees may also affect the earnings or profitability of the relevant business.」
The company continues to describe the risk that regular revisions to the long-term care insurance system and long-term care fees may affect business development, earnings and profitability. - FY2025-H1Updated long-term care fee revision detailsAnnual report
「The revision to the long-term care insurance system sets out measures based on 4 perspectives: ① deepening and promotion of the community-based integrated care system; ② measures to support independence and prevent the need for more intensive care; ③ creating worker-friendly workplaces to provide high-quality services efficiently; and ④ securing the stability and sustainability of the system. The long-term care fee revision rate was also a positive 1.59%, comprising a positive 0.98% for improving the treatment of long-term care workers and a positive 0.61% for improving the treatment of workers other than long-term care workers.」
The company provides specific details of the long-term care insurance system revision, the 1.59% long-term care fee revision rate for fiscal 2024 and the breakdown of the treatment improvement component. - FY2023RestatedAnnual report
「The long-term care insurance system is reviewed and revised every 5 years, while long-term care fees are revised every 3 years. Going forward, if changes in laws or systems result in stricter regulations or other developments, changes to service content and various responses will be required, which may affect our group’s business development. Revisions to long-term care fees may also affect the earnings or profitability of the relevant business.」
The company reconfirms the risk that regular revisions to the long-term care insurance system and long-term care fees may affect business development, earnings and profitability. - FY2020RestatedAnnual report
「The long-term care insurance system is reviewed and revised every 5 years, while long-term care fees are revised every 3 years. Going forward, if changes in laws or systems result in stricter regulations or other developments, changes to service content and various responses will be required, which may affect our group’s business development. Revisions to long-term care fees may also affect the earnings or profitability of the relevant business.」
The company reconfirms the risk that regular revisions to the long-term care insurance system and long-term care fees may affect business development, earnings and profitability. - FY2017-Q3RestatedAnnual report
「In addition, the 2.27% reduction in the long-term care fee revision rate for fiscal 2015 not only had a negative impact on the earnings of long-term care providers, but is also considered to have had a significant impact on insured persons using long-term care insurance services. Accordingly, we believe that long-term care providers with a sound operating foundation will be increasingly required.」
The company reconfirms the impact on earnings of the 2.27% reduction in the long-term care fee revision rate and the need for sound operations. - FY2017-Q2RestatedAnnual report
「In addition, the 2.27% reduction in the long-term care fee revision rate for fiscal 2015 not only had a negative impact on the earnings of long-term care providers, but is also considered to have had a significant impact on insured persons using long-term care insurance services. Accordingly, we believe that long-term care providers with a sound operating foundation will be increasingly required.」
The company reconfirms the impact on earnings of the 2.27% reduction in the long-term care fee revision rate and the need for sound operations. - FY2017-Q1RestatedAnnual report
「In addition, the 2.27% reduction in the long-term care fee revision rate for fiscal 2015 had a negative impact on the earnings of long-term care providers.」
The company reiterates the impact on earnings of the 2.27% reduction in the long-term care fee revision rate. - FY2016First statedAnnual report
「The most recent revision was implemented in April 2015. Under that revision, long-term care fees overall were reduced by 2.27%, and as a result, the amounts received by our long-term care facilities in respect of long-term care fees declined.」
The company describes an actual risk in which fee reductions resulting from a system revision occurred.