Life Care 101: What Is Life Care?
As seniors look for smart solutions for long-term care, more and more are looking into Life Care communities. They’re drawn to the peace of mind Life Care gives them about the future, as well as the immediate lifestyle benefits. To understand what makes Santa Marta one of the top Life Care options in Overland Park, KS, seniors first need a thorough understanding of what Life Care really offers, so we’ve broken it down with this easy guide.
What Is Life Care?
Life Care is the most comprehensive senior living model available. Within this model, residents may progress through multiple levels of health care if their needs change, but their monthly payments will remain predictable. Life Care — especially Life Care at Santa Marta — makes it easy for seniors to move only once, enjoy a luxury lifestyle now, and put a smart plan in place for future care.
The Life Care Contract
A Life Care contract gives the new Resident priority access to multiple levels of health care — including rehabilitation, assisted living, skilled nursing and memory care — while monthly fees remain routine. Life Care residents stand to save quite a large sum by ensuring access to quality health care and avoiding the volatility of market rates in the coming years.
Almost all Life Care communities require an entrance payment, a one-time fee at the beginning of your contract to secure a residence in the community. Many consider this payment an investment or estate protection, because certain Life Care communities like Santa Marta offer highly refundable entrance payments.
How to Qualify for Life Care
Because a Life Care contract can lead to such substantial savings over time, most communities will require a health and fitness check as well as a financial profile before a new Resident moves into independent living. This way, both parties know the new Resident will get the most value out of their contract — they’ll be able to enjoy every part of the vibrant independent living lifestyle before they consider care.
Nonprofit Vs. For-Profit
When researching Life Care communities, one differentiator is whether a community is nonprofit or for-profit. Many mistakenly believe that nonprofit communities don’t make money. This is not the case. While for-profit communities may need to pay dividends to their investors, nonprofit communities reinvest funds into the communities for capital improvements, upgraded services and staffing.
The Lifestyle
Within a Life Care community, Residents have access to a diverse array of activities and services. When they move into their new residence, they can enjoy active pursuits without the concerns of home maintenance or yardwork. If Residents don’t feel like cooking, they can simply head over to the dining room to enjoy a variety of chef-prepared meals in a restaurant-style setting. Weather never keeps residents from clubs or fitness classes, because everything is available right there on campus. Surrounded by new friends and a friendly hospitality team, Residents easily fill their days with activities that interest and excite them.
A Worry-Free Future
Residents in Life Care communities get to enjoy precious time with family members without the fear of becoming a burden on children or grandchildren in the future. They have fewer concerns about finances, because they know their monthly payments will continue to be predictable. And couples who move to a Life Care community together know that, if one of them requires a higher level of care down the line, they can remain on the same campus. Additionally, if you outlive your funds through no fault of your own, you will be guaranteed a home. Life Care means peace of mind. Whatever the future brings, there’s a plan in place.
If you’d like to know more about Life Care at Santa Marta, one of the premier Life Care options in Overland Park, KS, please get in touch. A team member would be happy to provide more information.