How You Can Enjoy a Full Senior Living Continuum of Care Without the CCRC Fee
What is a CCRC? The acronym CCRC stands for continuing care retirement community. This type of community offers a continuum of care that includes independent living, assisted living, and memory care on the same campus.
Many people don’t realize that some CCRCs require a buy-in, also known as an entry fee, in addition to your monthly fee. While often considered a down payment for higher levels of care you may need down the road, this upfront fee can run into the six figures. Although we realize that most families simply don’t have this kind of budget, another option exists. Here’s how to enjoy a senior living continuum of care without the CCRC fee.
A Rental Model for The Senior Living Continuum of Care
At Friendship, we take a different approach. While we offer a senior living continuum of care, there’s no buy-in fee. Instead, we use a rental model, meaning you simply pay a monthly fee based on the level of care you receive. The cost does increase as your care needs increase. However, your monthly fee typically includes the following*:
- Home maintenance
- Social activities
- Some utilities
- Security
*Other benefits, like dining services and housekeeping are included as you progress through the continuum of care.
The main benefit of a rental model is the flexibility of not being locked into a long-term contract yet still having access to a senior living continuum of care that includes independent living, assisted living, memory care, long-term care, inpatient rehabilitation, and outpatient therapy on our campuses.
Additional Benefits of our Senior Living Continuum of Care
We’re committed to providing a friendly, safe, and comfortable place for our residents to live healthier, fuller lives. You certainly won’t miss out on any benefits with our senior living continuum of care approach, especially not the CCRC fees! Here’s what we offer our residents.
- Maintenance-free living – Amenities like residence and yard maintenance and transportation free you of the burdens of not only chores but also the worry over unexpected expenses like replacing the roof or other repairs that come with owning a home. Plus, you’ll have more time to do the things you love.
- Upscale comfort – With beautifully landscaped grounds, stunning views of the Blue Ridge Mountains, spacious accommodations with 26 different floorplans from which to choose, a choice of dining venues, and even concierge services, you’ll enjoy luxury and comfort.
- Convenience – Location is everything, right? So, it’s a good thing we’re just minutes away from Roanoke Valley’s best shopping, dining, and entertainment. Other conveniences include an onsite beauty salon and pharmacy.
- Social connection and fulfillment – Having opportunities to connect and find purpose is so rewarding for our residents (and us) because we know how lonely it can be at home, particularly when living alone. Here, we have a full calendar of social events, activities, outings, clubs, classes, guest speakers, discussions on current events, and volunteer opportunities to keep you engaged and fulfilled.
- Wellness – Complimenting our senior living continuum of care is our focus on healthy aging, and our amenities attest to that. Our fitness program includes strength, cardio, and balance components, health and wellbeing services, and a state-of-the-art fitness center. Plus, our chef-inspired menus are prepared by a nutritionist or dietician to ensure they are healthy, well-balanced, and appropriately portioned.
- Peace of mind – Feeling safe and comfortable is the ultimate peace of mind, and we provide that in spades with home care services that help keep you independent for as long as possible and award-winning therapy services. Not to mention our senior living continuum of care makes for an easier transition and continuity in care as your health needs evolve.
