There are financial benefits to Life Care right away. The IRS recognizes that a Life Care community entrance fee and monthly service fees are partially pre-paid health care expenses, meaning that a portion of both qualify as a medical deduction. Our one-time entrance fee is 90% refundable when you leave our community for any reason after we have resold your Independent Living residence.
Life Care not only ensures that you’ll be free to take advantage of all that our community offers, it also gives you the security of priority access to Assisted Living, Memory Care, Short-Term Rehabilitation and Skilled Nursing.
With Life Care, should you require higher levels of care, the monthly fee will always be predictable, guaranteed and 20% to 40% less than the market rate – an amazing savings. Life Care works well with existing long-term care insurance policies, as well. If you currently have long-term care insurance, you will still be entitled to your benefit on top of the already exceptional benefits of Life Care.