THE SPIRES VS. AN OWNERSHIP COMMUNITY
The primary difference between ownership communities and a CCRC is that ownership communities typically do not include coverage for Assisted Living, Skilled Nursing care or other healthcare services. In addition, ownership communities may not have a continuum of care conveniently available on the same campus as does a CCRC. Residents (owners) of those communities are also responsible for the resale of their home and for payment of a monthly fee until their home is resold (even after they have moved out).
Additionally, as a not-for-profit organization, it is The Spires’ intent to provide care for life even if a resident has a financial hardship.
THE SPIRES VS. A RENTAL COMMUNITY
Like ownership communities, rental communities typically do not include Assisted Living or Skilled Nursing care services or facilities. If a resident develops the need for these services, the cost and management of care is fully the resident’s responsibility. Also, since these additional services are not available on-site, residents requiring care may need to move away from the community at their greatest time of need.
Additionally, as a not-for-profit organization, it is The Spires’ intent to provide care for life even if a resident has a financial hardship.
BE AMONG THE FIRST
