CCRC Entry Fee Refunds: What Happens When a Resident Passes Away?

Continuing care retirement communities (CCRCs or life plan communities) offer a continuum of care, ranging from independent living to skilled nursing care, ensuring that residents’ care needs are met as they age. Many CCRCs require new residents to pay a sizable entry fee when they first move into the community, much of which is often [...]

By |2025-03-04T10:40:11-05:00March 3rd, 2025|

Are CCRC Refundable Entry Fee Contracts a Good Deal?

According to data collected at myLifeSite, about three quarters of all continuing care retirement communities (CCRCs, or “life plan communities”) require an entry fee, and about 80 percent of these offer a refundable entry fee, with 50 percent and 90 percent refunds being the most popular. It isn’t uncommon for one community to offer a [...]

By |2023-08-05T16:24:10-04:00April 17th, 2017|
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