what are life plan
If you’ve ever researched upscale senior living communities in the heart of the Bay Area, you may have heard different terminology used to describe these luxurious communities. For years, the traditional name for a retirement community offering different levels of care has been Continuing Care Retirement Community or CCRC. However, leaders in the industry recently got together and created a new moniker for the same offering: Life Plan Community. It was thought that the name “Life Plan Community” more accurately described what these communities offer. For residents, it’s not just about receiving care, it’s about actively making plans. At Moldaw, we agree. By moving to our high-end retirement community, you’re planning your future — a future filled with lively, fascinating people who share your interests and inspire you every day; and where your smart financial decisions will leave a legacy for your children.
how do life plan
Life Plan Community finances can be confusing, but we’ll break it down simply. There are two different types of fees residents pay when they move into a Life Plan Community or CCRC: entrance fees and monthly fees.
what are the different
levels of care?
In a Life Plan Community, there are usually several levels of living, which together make up a continuum of care.
To help you identify your needs, here are the different levels of care: