Full Lifecare – Type A Contract:
With our Lifecare contract, you have access to independent living, personal care, memory care and skilled nursing services without an increase in your monthly service fee. It is oftentimes referred to as the “ultimate long-term care insurance policy.”
You enter our independent living community by paying a lower entrance fee, with a set monthly service fee. Should you require healthcare in the future, you will receive the expert care you need with no increase in your monthly fee. Simply put, Lifecare provides assurance of future out-of-pocket costs that are predictable and affordable.
“I have lived here 18 years and have experienced all three levels of care. I am grateful for all the medical care I have been given.” – D. Kramer
As a Lifecare resident, you are able to deduct a certain percentage of your entrance fee and monthly fees from your federal income taxes. The reason for this is that the IRS recognizes a portion of the entrance fees and monthly fees as prepaid potential medical-related expenses. Be sure to talk with your financial advisor for details.
