Applying for Residence at a CCRC

CCRCs (Continuing Care Retirement Communities also known as LifePlan communities) offer a unique senior housing option for older individuals who want to be able to age in place.  But, when you decide to move into a CCRC, it’s important to acknowledge that there are many qualifications you must first meet.

Age Requirements of CCRCs

Many CCRCs have specific age requirements, which can range from 55 to 65 years old, in order to qualify for a government exemption. Depending on the facility, some CCRCs may take in only those individuals who are 55, 62, or 65 years of age and older.

In some communities, the age requirement is met if just one person in the household is over the specified age, which means a spouse, family member, or someone else can reside there as well. Other communities are more restrictive, allowing spouses only to reside with the qualified resident, and still, others may not permit anyone under a certain age to reside there at all (particularly true of 62-and-older communities).

Medical Requirements of CCRCs

CCRCs often have medical requirements for incoming residents, too. This is so that the community can offer care to those who require more medical assistance with the help of the payments from younger, healthier individuals. People who want to move into CCRCs often must take medical tests, such as cognitive tests, blood work, independence assessments, regular medical exams, etc., before they become eligible to live at the facility. Of course, the types of tests almost always depend on the senior housing community.

Financial Requirements of CCRCs

CCRCs vary widely in cost. Residents normally must pay entrance fees, some of which might be reimbursed over time. Also, monthly fees are expected in these communities and can be low as common rental costs or as high as luxury housing.

Applying for Residence at a CCRC

In most cases, applying for residence at a CCRC is not as simple as merely filling out paperwork. Residents must meet many requirements before they are accepted into one of these communities. In return, however, they receive a great range of care options and the invaluable ability to age in place.

Click here to read:  Choosing Your Independent Living Unit and Transitioning to Your New CCRC