Independent Living / LIFE-CARE
CONTINUING CARE RETIREMENT COMMUNITY
Flexible Plans for Financially Smart
Retirement Living
As a Nonprofit Life Plan Community, Ginger Cove offers independent living and healthcare options to meet the changing needs of residents.
With two Life-Care options, residents can choose the plan that makes the most financial sense:
- Extensive Life-Care
- Fee-for-Service
There are two costs associated with a Life-Care Community: the entrance fee and the monthly fee.
- The one-time entrance fee is based on the apartment you choose, your contract type (Extensive Life-Care or Fee-for-Service), and whether it will be you or you and a loved one living in the apartment
-
The monthly fee covers services and amenities
Life-Care
Planning today for whatever life may have in store can bring you peace of mind.
That’s the security of Life-Care offered at Ginger Cove.
Life-Care is offered to independent living residents at Continuing Care Retirement Communities (CCRCs), also known as Life Plan Communities. Life-Care covers your independent living residence, community services, amenities, and access to our continuum of on-site care. But there are other significant benefits associated with Life-Care that provide incomparable peace of mind, including:
- Guaranteed access to unlimited care for the entire duration of your residency
- Guaranteed residence for life, even if you outlive your financial resources
- Access to every amenity and service in the community (wellness center, dining, wellness activities, housekeeping, transportation, etc.)
- Potential tax breaks
- A portion of your entrance fee may be refundable if you leave the community for any reason, protecting your estate
Extensive Life-Care Contract
The Extensive Life-Care contract option includes your residence, services and amenities, and priority access to on-site assisted living and skilled nursing care services, should you ever need them, at a predictable monthly payment regardless of your level of care. This contract type reduces concerns about future healthcare costs and protects your assets.
Fee-for-Service Contract
The Fee-for-Service contract offers priority access to healthcare services, but services are provided at market rate. This contract option is designed for those who have long-term care insurance.
Find Your
Financial Fit
Use our quick and easy financial gauge tool to determine which of our living options makes the most sense for you.
Moving to Ginger Cove was a gift to our children, and it was the best decision we ever made. We are much healthier, physically and mentally, due to a low-stress lifestyle and active social life. We immediately connected with our new neighbors.
– JIM & ERMA, RESIDENTS
Are you ready to take the
next step?
LET’S GET
UNDERWAY!
We’re here to help you make the best decision for your future.
Please use our form or call us today at 410-266-7300.