April 28, 2020 —CCRC is an acronym meaning Continuing Care Retirement Community. These senior living communities are designed for individuals that want to remain in a single location throughout the remainder of their retirement years even as their care needs change. A typical campus will include many styles of independent living residences, as well as, the full continuum of care. To move into one of these communities, an individual will need to be over 62 years of age and generally need to pass a financial, and possibly a medical screening, for approval.
What’s offered in the Continuum of Care?
In addition to independent living residences, there is also a continuum of care offered by CCRCs on campus. Typically, this continuum of care includes long-term health care services for personal care or assisted living, skilled nursing and rehabilitation and in some cases “home care” services.
Are CCRCs the Same as Life Plan Communities?
Not all CCRCs are Life Plan Communities, but all Life Plan Communities are CCRCs. Basically, CCRCs can offer a variety of services for long term health care for older adults. However, some only offer certain services and may not offer a complete continuum of care such as a Life Plan Community will offer.
Are all CCRCs Lifecare Communities?
Not all CCRCs are Lifecare Communities, but all Lifecare communities are CCRCs. Typically, a CCRC that is a Lifecare community offers a Life Care agreement or “contract.” It will offer a full continuum of long-term care services. It will have a one-time entrance fee and on-going monthly fees, that may have tax deductibility, and will not have additional charges for most long-term care services.
Which Kendal communities are CCRCs?
Not interested in community life?
You can still enjoy the benefits of a Lifecare plan at home.