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Home Care in Hartford, CT

They say that your golden years are the best years of your life. For most older Americans, that's how it should be - a time to relax, reflect, and live life in a familiar place. After all, senior citizens in the U.S. have worked tirelessly to build a better economy, serve their communities, and raise families.

However, as seniors grow older, sometimes they cannot live independently without someone by their side to provide care. Unfortunately, some older Americans aren't able to rely on their adult children for help. The reality in today's world is that family members do not have the skills or time to dedicate to caring for their parents. That's where Always Best Care Senior Services comes in.

Our in-home care services are for people who prefer to stay at home as they grow older but need ongoing care that family or friends cannot provide. More and more older adults prefer to live in the comforts or their home rather than in an assisted living community. Home care in Hartford, CT is a safe, effective way to give your loved ones the care they need when they need it the most.

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Home Care Hartford, CT

The Always Best Care Difference

Since 1996, Always Best Care has provided non-medical in-home care for seniors to help them maintain a healthy lifestyle as they age. We are proud to have helped tens of thousands of seniors to maintain a higher level of dignity and respect. We focus on providing seniors with the highest level of home care available so that they may live happily and independently.

Unlike some senior care companies, we genuinely want to be included in our clients' lives. We believe that personalized care is always the better option over a "one size fits all" approach. To make sure our senior clients receive the best care possible, we pair them with compassionate caregivers who understand their unique needs.

The Always Best Care difference lies in life's little moments - where compassionate care and trustworthy experience come together to help seniors live a fruitful, healthy life. Whether you are an aging adult that can't quite keep up with life's daily tasks or the child of a senior who needs regular in-home care services in Hartford, CT. Always Best Care is here to help.

How does In-home Senior Care in Hartford, CT work?

Home is where the heart is. While that saying can sound a tad cliche, it's especially true for many seniors living in America. When given a choice, older adults most often prefer to grow older at home. An AARP study found that three out of four adults over the age of 50 want to stay in their homes and communities as they age. When you begin to think about why, it makes sense. Home offers a sense of security, comfort, and familiarity.

The truth is, as we age, we begin to rely on others for help. When a family is too busy or lives too far away to fulfill this role, in-home senior care is often the best solution. Home care services allow seniors to enjoy personal independence while also receiving trustworthy assistance from a trained caregiver.

At Always Best Care, we offer a comprehensive range of home care services to help seniors stay healthy while they get the help they need to remain independent. As your senior loved one ages, giving them the gift of senior care is one of the best ways to show your love, even if you live far away.

 In-Home Care Hartford, CT

Types of In-home Care in Hartford, CT

To give our senior clients the best care possible, we offer a full spectrum of in-home care services:

 Elderly Care Hartford, CT

Personal Care Services

If your senior loved one has specific care needs, our personal care services are a great choice to consider. Personal care includes the standard caregiving duties associated with companion care and includes help with tasks such as dressing and grooming. Personal care can also help individuals with chronic conditions like diabetes or Parkinson's or Alzheimer's.

Common personal care services include assistance with:

  • Eating
  • Mobility Issues
  • Incontinence
  • Bathing
  • Dressing
  • Grooming
 Senior Care Hartford, CT

Home Helper Services

Sometimes, seniors need helpful reminders to maintain a high quality of life at home. If you or your senior has trouble with everyday tasks like cooking, our home helper services will be very beneficial.

Common home helper care services include assistance with:

  • Medication Reminders
  • Meal Preparation
  • Pet Care
  • Prescription Refills
  • Morning Wake-Up
  • Walking
  • Reading

Respite Care Hartford, CT

Companionship Services

Using this kind of care is a fantastic way to make life easier for you or your senior loved one. At Always Best Care, our talented caregivers often fill the role of a companion for seniors. That way, older adults can enjoy their favorite activities and hobbies while also receiving the care they need daily or weekly.

Common companionship services include:

  • Grocery Shopping
  • Transportation to Appointments
  • Nutritional Assistance
  • Conversation
  • Planning Outings
  • Completing Errands
  • Transportation to Community Events and Social Outings
 Caregivers Hartford, CT

Respite Care Services

According to AARP, more than 53 million adults living in the U.S. provide care to someone over 50 years old. Unfortunately, these caregivers experience stress, exhaustion, and even depression. Our respite care services help family caregivers address urgent obligations, spend time with their children, and enjoy other activities. Perhaps more importantly, respite care gives family members time to recharge and regroup. Taking personal time to de-stress helps reduce the risks of caregiver burnout.

When it comes to non-medical home care, our goal is to become a valuable part of your senior's daily routine. That way, we may help give them the highest quality of life possible. We know that staying at home is important for your loved one, and we are here to help make sure that is possible. If you have been on the fence about non-medical home care, there has never been a better time than now to give your senior the care, assistance, and companionship they deserve.

Benefits of Home Care in Hartford, CT

Always Best Care in-home services are for older adults who prefer to stay at home but need ongoing care that friends and family cannot provide. In-home care is a safe, effective way for seniors to age gracefully in a familiar place and live independent, non-institutionalized lives. The benefits of non-medical home care are numerous. Here are just a few reasons to consider senior care services from Always Best Care:

Home Care Hartford, CT
  • Age in Place
    According to AARP, 9 out of 10 seniors prefer to age in place within the comfort of their own home. With in-home care, seniors have a way to stay at home, receive the care they need, and maintain a sense of independence, improving overall wellness.
  • Peace of Mind
    If you or a member of your family have assumed the role of caregiver for your senior loved one, you know how stressful the job can be. Between caregiver burnout and constant worry, being a family caregiver is hard. In-home care relieves your burden and gives you peace of mind knowing that your senior family member is in expert hands.
  • Socialization
    Unlike many senior care facilities where the staff and residents rotate frequently, seniors can foster new friendships and build bonds with their caregiver. Seniors who socialize on a regular basis are often happier, which fosters positivity and leads to increased wellbeing.
  • Personalized Care Plan
    No two seniors need the same kind of in-home care assistance. That is why each of our care plans are tailored to meet our client's individual needs. We offer plans that cover everything from light housekeeping to more involved duties like transportation to doctor's appointments. Our Care Coordinators will work closely with you to develop a personalized plan to ensure your senior's needs are exceeded.

Always Best Care offers a full array of care options for clients at all levels of health. With our trusted elderly care services, your loved one will receive the level of care necessary for them to enjoy the highest possible quality of life.

Aging in Place: The Preferred Choice for Most Seniors

While it's true that some seniors have complicated medical needs that prevent them from staying at home, aging in place is often the best arrangement for seniors and their families. With a trusted caregiver, seniors have the opportunity to live with a sense of dignity and do so as they see fit.

In-home care makes it possible for millions of seniors to age in place every year. Rather than moving to a unfamiliar assisted living community, seniors have the chance to stay at home where they feel the happiest and most comfortable.

 In-Home Care Hartford, CT

Here are just a few of the reasons why older men and women prefer to age at home:

Comfort

How much does a senior's home truly mean to them?

A study published by the American Society on Aging found that more than half of seniors say their home's emotional value means more than how much their home is worth in monetary value. It stands to reason, that a senior's home is where they want to grow old. With the help of elderly care in Hartford, CT, seniors don't have to age in a sterilized care facility. Instead, they can age gracefully in the place they want to be most: their home. In contrast, seniors who move to a long-term care facility must adapt to new environments, new people, and new systems that the facility implements. At this stage in life, this kind of drastic change can be more harmful than helpful.

Healthy Living

Institutional care facilities like nursing homes often put large groups of people together to live in one location. On any given day, dozens of staff members and caregivers run in and out of these facilities. Being around so many new people in a relatively small living environment can be dangerous for a seniors' health and wellbeing. When you consider that thousands of seniors passed away in nursing homes during the COVID-19 pandemic, opting for in-home care is often a safer, healthier choice for seniors. Aging in place has been shown to improve seniors' quality of life, which helps boost physical health and also helps insulate them from viral and bacterial risks found in elderly living facilities.

Independence

For many seniors, the ability to live independently with assistance from a caregiver is a priceless option. With in-home care, seniors experience a higher level of independence and freedom - much more so than in other settings like an assisted living community. When a senior has the chance to age in place, they get to live life on their own terms, inside the house that they helped make into a home. More independence means more control over their personal lives, too, which leads to increased levels of fulfillment, happiness, and personal gratification. Over time, these positive feelings can manifest into a healthier, longer life.

Cost and Convenience

More independence, a healthier life, and increased comfort are only a few benefits of aging in place. You have to take into consideration the role of cost and convenience. Simply put, it's usually easier to help seniors age in place than it is to move them into an institutional care facility. In-home care services from Always Best Care, for instance, can be less expensive than long-term solutions, which can cost upwards of six figures per year. To make matters worse, many residential care facilities are reluctant to accept long-term care insurance and other types of payment assistance.

 Elderly Care Hartford, CT

With Always Best Care's home care services, seniors and their families have a greater level of control over their care plans. In-home care in Hartford, CT gives seniors the chance to form a bond with a trusted caregiver and also receive unmatched care that is catered to their needs. In long-term care facilities, seniors and their loved ones have much less control over their care plan and have less of a say in who provides their care.

Affordable Care Plans

In-home care is a valuable resource that empowers seniors to age in place on their own terms. However, a big concern for many families and their loved ones is how much in-home care costs. If you're worried that in-home care is too expensive, you may be pleasantly surprised to learn that it is one of the most affordable senior care arrangements available.

Typically, hiring an Always Best Care in-home caregiver for a few hours a week is more affordable than sending your loved one to a long-term care facility. This is true even for seniors with more complex care needs.

At Always Best Care, we will work closely with you and your family to develop a Care Plan that not only meets your care needs, but your budget requirements, too. Once we discover the level of care that you or your senior need, we develop an in-home care plan that you can afford.

 Senior Care Hartford, CT

In addition to our flexible care options, families should also consider the following resources to help offset potential home care costs:

  • Veteran's Benefits: Attendance and aid benefits through military service can cover a portion of the costs associated with in-home care for veterans and their spouses.
  • Long-Term Care Insurance: Many senior care services like in-home care are included in long-term care insurance options. Research different long-term care solutions to find a plan that provides coverage for senior care.
  • Private Insurance: Home care can be included as part of a senior's private insurance plan. Read over your loved one's insurance policy carefully or speak with their insurance provider to determine if in-home care is covered.
  • Life Insurance: Depending on the life insurance plan, you may be able to apply your policy toward long-term care. You may be able to use long-term-care coverage to help pay for in-home elderly care.

During your Care Plan consultation with Always Best Care, your Care Coordinator will speak with you about in-home care costs and what options there may be to help meet your budget needs.

Compassionate Care. Trusted Caregivers

When you or your senior loved one needs assistance managing daily tasks at home, finding a qualified caregiver can be challenging. It takes a special kind of person to provide reliable care for your senior loved one. However, a caregiver's role involves more than meal preparation and medication reminders. Many seniors rely on their caregivers for companionship, too.

Our companion care services give seniors the chance to socialize in a safe environment and engage in activities at home. These important efforts boost morale and provide much-needed relief from repetitive daily routines. A one-on-one, engaging conversation can sharpen seniors' minds and give them something in which to be excited.

At Always Best Care, we only hire care providers that we would trust to care for our own loved ones. Our senior caregivers in Hartford,CT understand how important it is to listen and communicate with their seniors. A seemingly small interaction, like a short hug goodbye, can make a major difference in a senior's day. Instead of battling against feelings of isolation, seniors begin to look forward to seeing their caregiver each week.

Understanding the nuances of senior care is just one of the reasons why our care providers are so great at their job.

Unlike some senior care companies, our caregivers must undergo extensive training before they work for Always Best Care. In addition, our caregivers receive ongoing training throughout the year. This training ensures that their standard of care matches up to the high standards we've come to expect. During this training, they will brush up on their communication skills, safety awareness, and symptom spotting. That way, your loved one receives the highest level of non-medical home care from day one.

Taking the First Step with Always Best Care

The first step in getting quality in-home care starts with a personal consultation with an experienced Care Coordinator. This initial consultation is crucial for our team to learn more about you or your elderly loved one to discover the level of care required. Topics of this consultation typically include:

01

An assessment of your senior loved one

02

An in-depth discussion of the needs of your senior loved one to remain in their own home

03

Reviewing a detailed Care Plan that will meet your senior loved one's needs

Our caregivers are trained to spot changes that clients exhibit, like mental and physical decline. As your trusted senior care company, we will constantly assess and update your Care Plan to meet any new emotional, intellectual, physical, and emotional needs.

If you have never considered in-home care before, we understand that you and your family may have concerns about your Care Plan and its Care Coordinator. To help give you peace of mind, know that every team member and caregiver must undergo comprehensive training before being assigned to a Care Plan.

Latest News in Hartford, CT

Winterfest Brings Free Ice Skating to Bushnell Park for the Holidays

There is a lively holiday scene in Hartford’s Bushnell Park, as Winterfest kicked off at noon Friday.The 12th annual event brings free ice skating seven days a week, along with other activities. It runs through Jan. 8.Skaters were already out on the rink opening day, and there are more to come. Winterfest draws thousands of people from Connecticut and around the world.Some feel like they are in their natural habitat on ice....

There is a lively holiday scene in Hartford’s Bushnell Park, as Winterfest kicked off at noon Friday.

The 12th annual event brings free ice skating seven days a week, along with other activities. It runs through Jan. 8.

Skaters were already out on the rink opening day, and there are more to come. Winterfest draws thousands of people from Connecticut and around the world.

Some feel like they are in their natural habitat on ice.

“It’s just nice how you can skate outside. I love winter! It’s like my favorite holiday season,” Taryn Paige Moore of Manchester said. “I skate out here every year, since last year, and it’s really fun.”

Moore, a figure skater, glides across the rink.

“So you have like double jumps, where you spin double times, triple times!” she said.

The attraction is also drawing young hockey players.

“I started when I was three,” Dean Smith of Manchester said. “It’s just somewhere where you can practice skating!”

“We were driving by, and I figured we’d stop,” Scott Smith, Dean’s dad, said. “He was super excited. He loves the ice, he loves to skate all the time.”

Others are just learning how to skate for the first time.

“I feel positive about it, because it’s so fun to be out here. And so I feel positive about it to come back here an skate more,” Jamilla Dixon of East Orange, New Jersey, said. “It’s so fun to be out here. I’m going to be honest, it’s lit.”

They are all taking turns at the Winterfest rink.

“Typically on vacation days we’ll see anywhere between 500 and 2,000 people, especially on a nice Saturday or Sunday,” Jackie Mandyck, executive director of The iQuilt Partnership, which runs Winterfest, said.

Throughout the entire holiday season, organizers expect up to 40,000 people to show up.

While many of these skaters come from around Connecticut, the event also draws out-of-town visitors. One skater Friday came from as far as San Francisco.

“We’ve seen people here come down and state from as far away as Japan, Puerto Rico, California, so we anticipate that we’re going to be seeing a lot of people from all over the world here his year,” Mandyck said.

Mandyck says the event also gives a boost to surrounding businesses and bolsters revitalization efforts in downtown Hartford.

“I highly recommend, come down, and then come to Winterfest,” she said. “Then add one on. Go to the carousel, go to some of the markets we have in downtown, or simply enjoy some of the fabulous restaurants that we have down here this year.”

They are activities that families welcome to round out their celebrations.

“We decided to start our day with ice skating, and then we’re probably going to go hit the shops,” Leo Burnett, visiting with several family members from Hoboken, New Jersey, said. “It’s a nice area. There’ a lot of stuff around here to do.”

But not before taking more spins across the ice.

“I’m going to try to come out here almost every Saturday,” Moore said. “You can see the trees, you can see nature and just to skate out here, it’s really nice.”

A holiday scene, bringing skaters and families together.

“It’s definitely a nice way to kick off the holidays,” Burnett said. “It brings back memories of being a kid and skating with family. I think it’s a really good time to spend time with family and understand how much they mean to you.”

Winterfest has several events lined up, including free skate lessons, a mascot skate and Santa’s workshop. All event details are on the Winterfest website.

Fans cheer on USMNT at bars in Hartford

HARTFORD, CT (WFSB) - The U.S. Men’s National Team played in their World Cup opener Monday against Wales.They played to a 1-1 draw.Fans filled bars across the state today to watch the game.Eyewitness News stopped by Vaughan’s Public House along Hartford’s historic Pratt Street.It was packed inside.Fans are so happy to cheer on team USA, especially since the team did not qualify for the last World Cup.“More excited than nervous. When we didn’t qualify the last time around...

HARTFORD, CT (WFSB) - The U.S. Men’s National Team played in their World Cup opener Monday against Wales.

They played to a 1-1 draw.

Fans filled bars across the state today to watch the game.

Eyewitness News stopped by Vaughan’s Public House along Hartford’s historic Pratt Street.

It was packed inside.

Fans are so happy to cheer on team USA, especially since the team did not qualify for the last World Cup.

“More excited than nervous. When we didn’t qualify the last time around, I think it broke a lot of our hearts. A lot of hard work from the chapter to grow the sport here in Hartford,” said Tom Lovkay of Burlington.

Fans were decked out in red, white and blue cheering on team USA.

Others were cheering on Wales.

Fans are extra eager to see to how far USMNT can go in the World Cup.

“Eight years in the making and we’re excited to see this young club and what they can do on the national stage,” said Brian Veasey of Avon.

Vaughan’s has been in business on Hartford’s historic Pratt Street for almost two decades. The pub is a great place for soccer fans to gather.

“I think we’ve cultivated a US soccer ground. We’ve always shown the premiere league games and people just seem really thrilled to come down and watch soccer here and kinda feel a piece of home and enjoy the games on the big screens,” said Johnny Vaughan, Owner of Vaughan’s Public House.

Vaughan, the owner, said a big beer shipment came in a few days ago in order to accommodate for the large crowds.

“It’s a fantastic time. Delighted to be open downtown and it’s gonna be a great week for everyone and we’re very thankful,” Vaughan said.

The Half Door on Sisson Avenue had a similar scene.

Fans filled the European gastropub and all eyes were on the soccer match.

“It’s only an event that happens every four years. So take advantage of the crowd and definitely over order as much as possible and get the right product in here. Lotta beer drinkers in here so making a big dent in our supply already,” said Alex Jensen, General Manager of The Half Door.

Team USA plays England on Friday at 2 p.m.

Vaughan’s said they’re expecting big crowds for that match as well.

Copyright 2022 WFSB. All rights reserved.

Where To Buy Christmas Trees In Hartford

Christmas tree season starts ramping up right after the Thanksgiving leftovers are put in the refrigerator. Here's where you can buy them.HARTFORD, CT — People in Hartford who prefer fresh-cut Christmas trees — whether they cut down trees themselves or buy from a retail lot — shouldn’t have any trouble finding them in 2022, according to a survey of Christmas tree growers by an industry trade group.The prediction by the Real Christmas Tree Board comes after a survey of 55 wholesalers that supply two-thi...

Christmas tree season starts ramping up right after the Thanksgiving leftovers are put in the refrigerator. Here's where you can buy them.

HARTFORD, CT — People in Hartford who prefer fresh-cut Christmas trees — whether they cut down trees themselves or buy from a retail lot — shouldn’t have any trouble finding them in 2022, according to a survey of Christmas tree growers by an industry trade group.

The prediction by the Real Christmas Tree Board comes after a survey of 55 wholesalers that supply two-thirds of the market for fresh trees and 1,500 U.S. adults ages 21-49.

“The real Christmas tree industry met demand last year, and it will meet demand this year,” Marsha Gray, executive director of the Real Christmas Tree Board, said in a news release. “This is essentially a year without surprises.”

Residents of Hartford have plenty of options, sortable by ZIP code and by type, on the Real Christmas Tree Board website. They include:

• Karabin Farms, 894 Andrews St., Southington

• Barbourtown Tree & Maple Syrup Farm, 225 Barbourtown Road, Canton

• Any nearby Lowe's store or Home Depot store.

Real Trees May Be Pricier

Trees, like everything else, may cost a little more this year. Tree growers answering the Real Christmas Tree Board’s survey said growing costs have increased.

About 36 percent of respondents said costs were up 11 percent to 15 percent compared to last year, while 27 percent said costs increased 16 to 20 percent. Another 10 percent said the year-over-year increase in production costs was more than 21 percent.

As a result, 71 percent of growers said they would likely increase wholesale prices. That means trees could cost anywhere from 5 percent to 20 percent or more.

Consumers seem to be taking the expected price hikes in stride.

“While our grower survey tells us wholesale prices are likely to be higher for real Christmas trees this year, our consumer survey tells us people expected as much,” Gray said in the news release.

“The good news is fans of real Christmas trees say they believe the trees are worth the price, and they are willing to pay more this year if necessary to get one — and that’s not a surprise either.”

Growers’ expectations of a healthy season are also tempered by fears of supply chain disruptions, the No. 1 concern of 44 percent of growers.

About 35 percent said their top concern is that inflation-strapped consumers will cut real Christmas trees from their lists this year. About 21 percent of respondents cited labor availability concerns.

The Origin Of Christmas Trees

The origin of the Christmas tree can be traced to long before the advent of Christianity, according to History.com.

In ancient times, it was commonly believed the sun was a god. It appeared to be sick as daylight waned in the winter, but evergreens thriving during winter were a reminder that the sun would become strong again and lush greenery and warmth would return.

Evergreen trees were seen as a symbol of eternal life among ancient Egyptians, Hebrews and Chinese. Pagans throughout Europe used evergreens in their homes to represent fertility and new life.

Christmas trees were first used by devout Christians in Germany. The 16th century Protestant reformer Martin Luther is believed to have added lighted candles to trees. He was composing a sermon as he walked home on a winter evening and was struck by the sight of stars twinkling above the evergreens, and recreated the scene in a tree in his family’s main room.

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Governor Lamont Takes First Executive Action Since Re-Election: Calls Legislature Into Special Session for Gas Tax Cuts, Fare-Free Bus Service, Increased Energy Assistance and Pandemic Premium Pay, and Updates to Bottle Bill

Special Session Scheduled for Monday, November 28, 2022(HARTFORD, CT) – In his first executive action since being re-elected to a second term earlier this month, Governor Ned Lamont today announced that he is calling the Connecticut General Assembly into special session for the purpose of extending the duration of cuts on gasoline taxes, as well as the suspension of f...

Special Session Scheduled for Monday, November 28, 2022

(HARTFORD, CT) – In his first executive action since being re-elected to a second term earlier this month, Governor Ned Lamont today announced that he is calling the Connecticut General Assembly into special session for the purpose of extending the duration of cuts on gasoline taxes, as well as the suspension of fares on all public transit buses. Additionally, he is asking the legislature to approve more funding for the Connecticut Energy Assistance Program (CEAP) and Premium Pay Program, and also modify the effective date of sections in the container redemption program, commonly known as the bottle bill.

“I’m asking the legislature to extend for several additional months the suspension of Connecticut’s gas tax that has been in effect since April, as well as the waiving of fares on all public transit buses,” Governor Lamont said. “Additionally, I am proposing to allocate more funding to our energy assistance program to ensure that we can meet the needs of our residents, and make available more funding for the Premium Pay program for essential workers. These actions can help provide more immediate relief for Connecticut residents as consumers across the country are facing rising prices due to a number of international dynamics and market instability that go far beyond our state.”

Connecticut’s 25 cent-per-gallon excise tax on gasoline and the collection of fares on all public transit buses have been suspended since April 1, 2022, due to legislation Governor Lamont signed into law earlier this year. However, both of those measures are set to expire on November 30, 2022. Governor Lamont is asking the legislature to approve legislation that extends the full gas tax suspension through December 31, 2022, and then phases it back in over a period of five months at five cents per month beginning January 1, 2023. He is also asking them to provide funding to extend statewide fare-free bus service through March 30, 2023, which is the maximum date that complies with 12-month length-of-time federal restrictions for temporary public transit pilot programs.

Connecticut is one of only three states in the country that have a gasoline tax suspension currently in effect, with the other two being Georgia (scheduled to expire December 11, 2022) and New York (scheduled to expire December 31, 2022). Florida and Maryland also suspended their gasoline taxes for brief periods earlier this year, however those states have since let them go back into effect.

To ensure that the Department of Social Services has the funding necessary this winter for households eligible for CEAP, Governor Lamont is proposing to allocate ARPA State Fiscal Recovery Funds to supplement the program in response to this year’s unusual price pressures.

Governor Lamont is also asking the legislature to increase funding for the Premium Pay Program, which is providing payments to essential workers for their service during the COVID-19 pandemic, from $30 million to $90 million.

Finally, the governor is asking the legislature to push out the effective date of changes to the state’s bottle bill to allow retailers, especially small retailers, to sell off their existing inventory without being in violation of the changes that are scheduled to go into effect on January 1, 2023.

The governor’s special session call requires the legislature to convene at 10:00 a.m. on Monday, November 28, 2022.

Governor Lamont Announces Connecticut Receives Credit Rating Increase From S&P

(HARTFORD, CT) – Governor Ned Lamont today announced that his administration has received notification from credit rating agency Standard & Poor’s (S&P) that it is increasing Connecticut’s general obligation bond credit rating from A+ (positive) to AA- (stable). This credit rating increase follows increases in 2021 by several other agencies, including Moody’s, S&P, Fitch, and Kroll.Prior to Governor Lamont taking office, Connecticut had not experienced an increase in its credit rating since February...

(HARTFORD, CT) – Governor Ned Lamont today announced that his administration has received notification from credit rating agency Standard & Poor’s (S&P) that it is increasing Connecticut’s general obligation bond credit rating from A+ (positive) to AA- (stable). This credit rating increase follows increases in 2021 by several other agencies, including Moody’s, S&P, Fitch, and Kroll.

Prior to Governor Lamont taking office, Connecticut had not experienced an increase in its credit rating since February 2001.

Governor Lamont said, “Connecticut taxpayers should celebrate today’s news. This credit rating increase will mean lower costs for critical projects that move our state forward. It is a signal to the businesses and residents that our state is on the right financial path, that we have shown a commitment to putting our fiscal house in order, and we are continuing to make significant progress to address our pension and other postemployment benefit liabilities. S&P recognizes the progress that has been made and that Connecticut is getting its mojo back.”

Secretary Beckham said, “As we develop next year’s budget, this credit rating increase sends strong signals for how we should proceed in the future. The budget we release in February will include an extension of the bond covenants that S&P stated as a key reason for our upgrade. If we are going to continue the positive progress made under this administration, those bond covenants and associated benefits must be a part of the final budget bill.”

In its notice to investors that was released today, S&P said, “The upgrade on the state’s GO debt reflects our view of Connecticut’s sustained positive financial results and building of high reserve levels during a recent period of economic and revenue growth, while also demonstrating its commitment to structural budget balance and curbing future growth of the state’s very high debt, pension, and other postemployment benefit (OPEB) liabilities, which we expect will continue in future biennial budgets. Connecticut’s overall credit improvement is also underscored by the executive branch’s announcement and intent to extend statutory financial controls in the next biennial budget proposal, which supports our view that the state remains more firmly committed to these provisions for the foreseeable future.”

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