Comparing senior living contracts

The Traditional Refund Plan includes an abundance of amenities and services at a lower entrance fee. Plus, you may benefit from a significant upfront and an annual medical deduction on your tax return. Entrance fees for singles range from $109,900 to $297,000 with Monthly Fees from $4,192 to $5,348. Entrance fees for couples range from $118,900 to $306,000, with Monthly Fees from $4,192 to $6,343. Lifecare option is available with an additional entrance fee of $65,000 for one person to $110,000 for a couple and up to an additional $500 in your monthly service fee.

The 80% Refund Plan provides a return of up to 80% of the entrance fee. Should a resident move to long-term care, a 10% discount is applied to the then current per diem rate. Entrance fees for singles range from $192,325 to $519,750 with Monthly Fees from $4,192 to $5,348. Entrance fees for couples range from $201,325 to $528,750 with Monthly Fees from $4,192 to $5,348.