The benefit of LifeCare at Laurel Circle.
People move to Laurel Circle for any number of reasons: our friendly vibe, a sense of community, a location close to family and friends. Many residents view their move as an investment in their quality of life. At Laurel Circle, they have more opportunities for connection and living a fuller life than they did at home. They also gain added peace of mind with LifeCare.
Laurel Circle offers a Life Care (Type A) as well as a Traditional (Type B) residency agreements. To help you understand the differences, we’ve outlined the three types of agreements you may encounter at a Life Plan Community:
Type A, LifeCare
In addition to enjoying premium services and amenities, residents of Life Care communities can count on access to high-quality on-site care at predictable rates for the rest of their lives, generally with little to no increase in monthly service fees over what they paid in their independent living residence. And they’ll pay far less for these services than they would on the open market. They know where they’ll get this care, who will provide it, and how much it will cost.
Type B, Modified Plan
Includes housing, services and amenities, with health care provided in one of two ways: 1) a limited number of free days included as part of the entrance fee, with additional care billed at per diem market rates, or 2) an ongoing, minimally discounted rate. Health care services may be delivered on or off site, and two monthly fees may be incurred if couples require different levels of care.
Type C, Fee-for-Service
Housing, services and amenities are provided, but any available long-term care is charged at market rates. If a resident requires short-term care, that resident must continue paying the monthly fee on their independent living residence, plus the costs of housing and health care received in an assisted living, memory support or skilled nursing residence, which may or may not be on the same campus.
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Frequently Asked Questions
What contract options are available at Laurel Circle?
We offer a Type A LifeCare contract with a 00% refundable entrance fee. We also offer a rental option with no entrance fee. (Health care services are not included in the rental plan and will be charged at market rates.)
What is an entrance fee?
An entrance fee is a one-time, upfront fee you pay to move into the independent living part of a Life Plan Community. The amount of your entrance fee depends on the size of the residence you choose and the number of people living in the residence. A portion of your entrance fee may be refundable to you or your estate.
What is a monthly service fee?
A monthly service fee covers the services and amenities associated with living at the community. The amount you pay depends on the size of your residence, how many people live there, and the range of services and amenities available to you.
“I enjoy the freedom of a varied and independent lifestyle and the security — which gives my children peace of mind.”
– Ellen McCourt, Resident