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Old 01-24-2018, 11:58 AM
 
Location: SF Bay Area
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Continuing Care Retirement Communities, also known as CCRCs or continuing care, offer residents the ability to 'age in place' with the knowledge that a move will never be required for health reasons. Whereas most retirement communities offer independent living and assisted living only, CCRCs provide a continuum of care that includes independent and assisted living, secured memory care for residents with Alzheimer's or dementia and skilled nursing care. For this reason, CCRCs are often referred to as Life Care Communities. Each level of care is provided in a separate building or area of a campus and nearly all residents move in to the community living independently.

OP, sounds great .
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Old 01-24-2018, 08:37 PM
 
Location: Silicon Valley
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Quote:
Originally Posted by twins4lynn View Post
Continuing Care Retirement Communities, also known as CCRCs or continuing care, offer residents the ability to 'age in place' with the knowledge that a move will never be required for health reasons. Whereas most retirement communities offer independent living and assisted living only, CCRCs provide a continuum of care that includes independent and assisted living, secured memory care for residents with Alzheimer's or dementia and skilled nursing care. For this reason, CCRCs are often referred to as Life Care Communities. Each level of care is provided in a separate building or area of a campus and nearly all residents move in to the community living independently.

OP, sounds great .
Thank you. But, if these are private businesses, can anyone ever be sure they won't go bankrupt? Before or after moving in and giving them these huge deposits?

This just seems like a scam waiting to happen.
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Old 01-25-2018, 12:41 AM
 
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Not the OP here, but sure, anything can happen. But is it likely?

In my mind 2K is not that much to lose for securing a spot in the place you want.
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Old 01-27-2018, 07:43 PM
 
10,819 posts, read 8,075,211 times
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Quote:
Originally Posted by NoMoreSnowForMe View Post
Thank you. But, if these are private businesses, can anyone ever be sure they won't go bankrupt? Before or after moving in and giving them these huge deposits?

This just seems like a scam waiting to happen.
A CCRC can go bankrupt, as can an insurance company underwriting LTC policies. If that happens, we can afford the loss of our $2000 deposit.

Quote:
Originally Posted by newcomputer View Post
Do you live close enough to take advantage of the perks?
Yes, and we've already started to use them. Further, this CCRC has a well-established presence in our community. We know several people who have or had relatives or friends who live there.

Quote:
Originally Posted by ansible90 View Post
I have a question about the move-in fee. If you own a house at the time a unit becomes available, can you move and then put the house up for sale? Will they give some type of grace period to sell the house in order to free up the money for the move-in fee?
No.

Last edited by biscuitmom; 01-27-2018 at 07:54 PM..
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Old 01-27-2018, 08:08 PM
 
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Originally Posted by biscuitmom View Post
Since it's a CCRC, transition to assisted living and/or SNF care as needed is included with no additional fees.
I've had some private messages asking if the CCRC will let us move in if one or both of us has experienced deterioration in health.
We were told that in order to move in, we would need a physician certification that we are capable of performing the 6 ADL's. Inability to perform them all will not necessarily be a disqualifier if we acknowledge that the CCRC will not (in independent living) provide these services. But they can refer us to outside agencies that provide contract caregivers, and we would still be accepted.
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Old 01-28-2018, 04:05 AM
 
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Quote:
We were told that in order to move in, we would need a physician certification that we are capable of performing the 6 ADL's. Inability to perform them all will not necessarily be a disqualifier if we acknowledge that the CCRC will not (in independent living) provide these services. But they can refer us to outside agencies that provide contract caregivers, and we would still be accepted.
IF someone proceeds with becoming a resident, under those parameters, how long do you have to keep the outside agency help?
The rest of your time there? Surely not, right? Might you have to keep that help until you move to the next tier of help?

I'm thinking for example, if one of the couple DOES need help and has a condition that naturally might get worse anyway just from normal aging, not necesarily the condition getting worse.

IF that couple -- or any other -- for that matter must move in first to the independent living housing, how long before they (or the one of them) can move to the next level of care?

Even if a person IS healthy at move in, they could have a stroke the next week, and unexpectedly need the nursing wing.

Thanks. All this is very informative.
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Old 01-28-2018, 12:53 PM
 
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Quote:
Originally Posted by selhars View Post
IF someone proceeds with becoming a resident, under those parameters, how long do you have to keep the outside agency help?
The rest of your time there? Surely not, right? Might you have to keep that help until you move to the next tier of help?
In this particular facility:

If residents deteriorate to the point they need assistance with enough ADL's to make them eligible for the next level, it's entirely up to the residents whether to move or to remain in their homes and contract with outside caregiving. (If they stay in their homes, the facility will not provide any ADL assistance.)

The most common arrangement is to remain in in their apts/cottages/houses with outside help as long as needed. Relatively few opt to give up their homes and move to the next tier. We're told that both the ALC and the SNF are most often utilized temporarily when convalescence services are needed. If hospice services are needed, the resident can decided whether move to ALC or SNF or to remain in the home and contract with an outside hospice.

There are several Schmieding Home Caregiver training centers in our region, which means the availability of trained caregivers is greater here than in many places in the US.
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