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National Senior Living Advisor
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Rental CCRC or Life Care CCRC?

Choose the community that’s right for you

There are two types of CCRCs: Rental and Life Care. Which one is right for you? Let’s find out.

A rental CCRC operates on a monthly rental fee basis. You pay a monthly fee based on the level of care you receive. For example, assisted living usually costs more per month than independent living. It’s like paying rent on a condo. Residents currently in need of assisted living, memory care or skilled nursing can get the additional support they need with our rental CCRCs, which cater to specific care needs determined on a month-to-month basis.

A Life Care CCRC charges a monthly fee, similar to the rental CCRC. However, Life Care residents also pay an upfront entrance fee. The amount of the fee depends on your floor plan, services, and the Life Care contract you choose. Think of it as a down payment. To enjoy the benefits of Life Care you must initially move into independent living.  

Life Care offers one very unique benefit you won’t find elsewhere:

You receive guaranteed care — even if your financial resources are eventually exhausted due to no fault of your own. Put simply, with a Life Care* contract you’ll have the care you need.

And while that Life Care buy-in fee is an investment on the front end, you benefit from significant savings in healthcare costs down the road with more care when you need it at a lower monthly cost.

*Life Care guarantee subject to the residency agreement.

Understanding the Difference

Rental v. Life Care Infographic

What is Life Care All About?

Unless you’ve spent your career working in the senior living industry, you may not know much about Life Care. That’s okay; most people don’t. Understanding Life Care doesn’t have to be confusing or frustrating, and the more you learn about it, the better decision you’ll be able to make.

With any journey, it’s best to start at the beginning, so let’s start with the basics. Here are a few highlights to know about Life Care:

Guaranteed Care for Life*

Only at a Life Care community do you have assurance that you’ll continue to receive quality healthcare and living accommodations, even if your financial resources are eventually exhausted due to no fault of your own. This huge benefit allows you to feel confident about your future. And it’s only available at Life Care communities.

Beautiful Campuses

Life Care campuses offer the best of everything, from beautiful landscaping to spacious floor plans. The staff is trained and ready to serve. And the amenities are on-par with what you’d expect to find in a luxury resort or spa.

Get More Than Just New Neighbors

When you become a Life Care resident, you’ll join a group of seniors just like you who are embracing an upscale senior lifestyle. You’ll find golfing buddies, tennis partners and card-game foes! Our Life Care residents are active and engaged in life, and our community is built to support that lifestyle. Living in a Life Care community means you’ll have your best friends right down the hall.

Receive Just the Care You Need

With Life Care you’ll find a variety of levels of care. Many of our communities offer Independent Living, Assisted Living, Alzheimer’s and Dementia Care and Rehabilitation and Skilled Nursing at the same location. Even if you need daily assistance to achieve your maximum independence, we have options for you.

Change Care Without Changing Communities

Each Life Care community embraces a continuum of care, which means that we help you prepare for when your care needs might change down the road. Each community has multiple care options, all in one place — so if you or your spouse’s needs change later, you won't need to move.

Now that you know the basics, take a deeper dive into Life Care by learning about the maintenance-free lifestyle it offers.

*Life Care guarantee is subject to the terms and conditions of the residency contract.
*For information purposes only. This is not to be construed as tax advice. Please consult with a tax professional for advice specific to your situation.

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