"These housing communities have different levels of care based on your needs. Where you live depends on the level of care you need. In the same community, there may be individual homes or apartments for residents who still live on their own, an assisted living facility for people who need some help with daily care, and a nursing home for those who require higher levels of care. Residents move from one level of care to another based on their needs but still stay in the CCRC."the complete article:
"A Continuing Care Retirement Community (CCRC) is a community living arrangement, typically on a single campus, that provides housing, health care, and social services, usually for older people. CCRCs offer different levels of care ranging from independent housing to nursing home care.the complete article:
- Depending on the type of CCRC, it can be a financing option for long-term care services, as well as a living arrangement and a means of obtaining long-term care services more easily.
- You can move into a CCRC even if you need no care and live independently in your own housing unit.
- If and when you need more care, you move from independent housing to the assisted living unit or to the nursing home, depending on your needs.
- In addition to a monthly fee based on the size of your independent living unit, most CCRCs also charge a one-time entrance fee.
- In some CCRCs, you pay an additional amount for care when you move to the assisted living or nursing care facility; in others, your monthly fee is all-inclusive and does not increase even if you move to a different living setting where you can receive long-term care services.
- Monthly payments and contracts vary widely.
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