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Eldercare
Reply to "assessing finances of CCRC?"
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[quote=Anonymous]Many CCRCs address what would happen if skilled care was needed and space is not available in their contract. Some have agreements with close by facilities, or own another facility. Ask questions, look at the contract/agreement for the types of situations you are concerned about. Ask what the availability is "today" - as in if my parent were a current resident in independent living and needed assisted living today, what is the availability? Ask how frequently people need to make alternate arrangements or be put on a waitlist. I'd be more concerned about skilled care than assisted living -- you usually have some flexibility on timing from independent to assisted; but if there is a fall or medical issue and skilled care is needed after a hospital stay, that's harder to cover with home health care. [/quote]
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