- • In exchange for the contractual promise of lifetime housing and access to care services, most Life Plan facilities require an entry fee in addition to monthly service fees.
- • Costs can vary dramatically based on four core criteria: breadth of services, amenities, size of the residence, and the building and operational costs of the region in which it is built.
- • There are a number of different types of Life Plan contracts in the marketplace, some of which are refundable.
- • Average entry fees range from $107,277 on the low end to $427,054 on the high end (across a blend of contract types).
- • Average monthly service fees range from $2,098 to $4,154.
- • Residents live active, engaged lives, but have priority access to assisted living, memory care, and/or 24-hour advanced nursing care as needed.
- • Ideally, a resident of the proposed Life Care Humboldt community will stay connected to their existing Humboldt County friends and family, and not have to move again as their healthcare needs increase, unless or until it becomes necessary to transfer to the on-site care facility.