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Eldercare
Reply to "Entering assisted living- how to pay"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Plenty of places without entrance fees. Those places are a rip off.[/quote] I’m sure, but getting them to agree to this was a Herculean effort, they have friends at a certain place, very near us, and feel comfortable with the security of their endorsement. [/quote] Yikes. We pay month to month and can leave anytime if the service becomes bad. [/quote] Doubt you are in a CCRC. Entire point of a CCRC is to visit beforehand to make sure it's the right place. Month to month does not get you the same protections as a CCRC. You get what you Pay for. Also, most CCRC you get your entry fee back if you leave in first 48 months, it's prorated by month. So if in 6 months you hate it, you get 3.5 years of it back. [/quote] What do you mean you get what you pay for? Many of the places I've toured are north of $10k a month. [/quote] The CCRC entrance fee and higher monthly fees means higher level of service all around. My parents can go to any "advanced services" and not pay any extra (except for the extra 2 meals per day). One can be in IL while other is in advanced care, and nothing changes for fees. No $15-16K/month for memory care or nursing care like the good month to month places. [/quote]
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