Retirement Living
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CONTINUING CARE RETIREMENT COMMUNITIES (CCRCs)
WHAT IS A CONTINUING CARE
RETIREMENT COMMUNITY (CCRC)?
A CCRC, also known as a Life Care/Plan
Community, is a type of senior living for
older adults who want to stay in the same
place through different phases of the aging
process. This allows for aging-in-place. This
type of retirement living is designed on a
tiered approach where healthy residents
initially live independently in single-family
homes, apartments, or condominiums. When
assistance with everyday activities becomes
necessary, they move into assisted living or
skilled nursing care within the same community.
LIFESTYLE
Amenities
CCRCs provide residents with amenities and
conveniences for an on-campus resort-like
lifestyle. Amenities may include:
• Bank • Beauty salon & barber
• Walking trails • Swimming pool
• Tennis courts • Golf/putting green
• Fitness center • Library
• Craft room • Game room
• Garden • Art & music studio
• Coffee shop • Post office
• Private dining room
Residential Services
Services vary depending on level of care,
independent, assisted living, or skilled nursing
care. Residential services may include:
• Cable and internet
• Home repairs and maintenance
• Transportation
• Security
• Housekeeping
• Laundry
• Dining
Daily Living & Personal Care Services
CCRC contracts usually cover the basic
needs including assistance with daily living and
personal care needs of Activities of Daily Living
(ADLs). ADLs include:
• Bathing • Dressing
• Grooming • Eating Ambulation
• Transferring • Toileting
• Hygiene • Walking/similar tasks
• Supervision & help with medications
Health Care Services
In general, CCRC contracts do not cover health
care costs, but depending on which type of
contract is chosen, health care costs can be
mitigated.
Contracts and Costs
CCRCs require an entrance fee as well as
monthly maintenance fees. Entrance fees can
range greatly between communities from an
average of $300,000 to up to $1,000,000 and
monthly fees from $3,000 to $5,000. There are
generally four types of CCRC contracts.
• Extensive • Modified
• Fee-for-service • Pay-as-you-go
Familiarize yourself with the state laws that
form the basic regulations governing CCRCs.
The Office of Insurance Regulation (OIR)
regulates the financial solvency of CCRCs.
The Agency for Health Care Administration
(AHCA), on the other hand, regulates other
CCRC aspects, such as assisted living, skilled
nursing care, quality-of- care issues and concerns
with medical facilities.
For more information
ElderCareGuide.com
10 www.ElderCareGuide.com
/ElderCareGuide.com
/www.ElderCareGuide.com
