Life Care is a plan. Life needs a plan.
Life Care is sensible planning for your health, family and estate. Simple, secure and predictable, it’s smart in the same way that banking money to earn interest is smart.
How it works
A resident at The Crossings, John lives in a 1-bedroom Independent Living apartment home. He’s active and happy. And even when he’s not thinking about it because he’s so busy with his thriving life, he knows he’s protected from the rising costs of long-term health care that plague so many others.
John knows this: If his health changes and he needs permanent residency in a skilled nursing suite, his monthly fee will be only slightly modified to a figure that’s the average of all Independent Living monthly fees. John’s smart. When he compares the costs of what he would pay for skilled nursing without Life Care, he’ll tell you he stands to save “tens of thousands of dollars.” He also knows 90% of his entrance deposit will come back to him or his estate when he leaves The Crossings. “Sounds like a plan,” he’ll say to himself. And then he’ll flash his characteristic “I win this round” grin. That’s John.
Also, consider the case of Sarah and Charles.
Before they moved to The Crossings, they thought about staying in their long-time home. But they got to talking about what would happen if one of them needed long-term health care, and how that would affect their financials — keeping up the house while also paying for health services. Plus, there’d be the running back and forth from the house to the skilled nursing center — and neither of them liked the idea. And about that time, they got the scoop. With Life Care at The Crossings, if the need for Assisted Living, Skilled Nursing or Memory Support arose, there wouldn’t be the driving back and forth — just a short walk. And the costs would be manageable too, rising slightly to a figure that’s the average of all Independent Living monthly fees. They wouldn’t face the costs of homeownership in addition to the costs of long-term health care. “That’s a smart way to be prepared,” Sarah says, who likes to plan. “Yup, and it could save us a bundle,” agrees Charles, who likes bargains.
What Sarah and Charles know.
They live at The Crossings and they’ve got Life Care too. Their independent lifestyle is filled with recreation, travel and grandchildren. Living at The Crossings means they’ve planned well and made sure they’re protected against the rising costs of long-term health care — just in case.
Once you know Life Care, you know you want it.
Find out more about this liberating plan for managing the costs of long-term care.
Life Care FAQs
Call it the best of both worlds. Your refundable entrance deposit will make living here feel like a safe investment – much like owning your own home. But on the other hand, because maintenance is provided, you’ll discover the simple joy of maintenance-provided living, where you phone, and we strap on our tool belt and come runnin’. The Crossings owns and maintains the property, and you reside there as long as you can live independently. Plus, because you aren’t the homeowner, you won’t pay property taxes or property insurance.
Your entrance deposit will be competitive with Bay Area home values. There is more than one Life Care plan, and depending on the plan you select, your entrance deposit may be up to 90% refundable when you leave. Sound like estate protection? It is.
Your monthly service fee will be competitive with those at other communities in the Bay Area. The fee is determined by the apartment home you choose. What’s more, a portion of your monthly service fee may be tax-deductible as a medical expense – we’ll give you the amount, and you can check with your tax advisor.
We’ve never evicted a resident for nonpayment due to no fault of their own (long life isn’t a fault), and we don’t intend to start now. You’re welcome to call us to discuss how we’ve handled this in the past. We’ll explain how our Benevolent Care Program, which is supported by contributions from residents and others, can support those residents whose financial resources become depleted.