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A Continuing Care Retirement Community (CCRC), sometimes referred to as a Lifetime Community or a Life Plan Community, offers many levels of care, all in one supportive living environment. This type of community is ideal for healthy older adults who want to plan for potential health and personal care that may be required in the future.
CCRCs typically offer:
Although CCRCs offer a full continuum of care, most require incoming residents be able to live independently at the time of move in. Then, as more care is required, residents move within the community to receive the level of care needed.
Depending upon the community, CCRCs offer a variety of housing options for independent living which may include apartments, condos, duplexes, townhomes and cottages.
Although each CCRC is unique, amenities and activities that might be offered include:
Aside from the benefits already listed, additional benefits may include:
The cost of a CCRC can be substantially higher. Most require a one-time entrance fee, similar to a down payment. The entrance fee helps communities charge lower monthly fees for services, amenities and access to healthcare. The monthly fee may vary as residents move between levels of care. Residents often have multiple healthcare payment options to choose between. Prices can range significantly depending on location, amenities and services offered.