Continuing Care retirement communities differ from Life Care communities
Continuing Care
A Continuing Care Retirement Community (CCRC) contract in California
is defined as a "written contract which includes a promise, expressed
or implied by a provider to provide one or more elements of care
to an elderly resident for the duration of his or her life or for a term
in excess of one year, in exchange for the payment of an entrance fee,
or payment of periodic charges, or both types of payments."
In this definition, care consists of one or more of the following:
- "Care means nursing, medical or other health-related services
protection or supervision, or assistance with the personal activities
of daily living, or any combination of these services."
A Continuing Care Retirement Community means a facility where services
promised in a Continuing Care Contract are provided.
From these definitions it is clear that to be classified as a CCRC,
it is necessary to provide only one of the types of care described in
the definition of care above, which can range from minimal to covering
all. Through different types of contracts, CCRCs may pick and choose
what types of care they will provide and how the resident will pay for
it.
Life Care
Requirements of a Life Care Retirement Community contract, which Episcopal Senior Communities provides—are much more specific.
- The term "Life Care Contract" means a Continuing
Care Contract which includes a promise, expressed or implied by a provider
to provide routine services at ALL LEVELS OF CARE including
acute care and physicians’ and surgeons’ services, to a resident
FOR THE DURATION OF HIS OR HER LIFE.
- Care shall be provided in a Continuing Care Retirement community
having a COMPREHENSIVE CONTINUUM OF CARE, including a skilled
nursing facility, under the ownership and supervision of the provider
on, or adjacent to, the premises of the retirement community.
In a Life Care retirement community contract, no change is made in
the monthly fee based on needed level of services.
A Life Care contract shall also contain provisions to subsidize residents
who become financially unable to pay their monthly care fees.
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