Joan Rettmann from Transforming Age joins Suzanne to talk about life plan communities and what they offer residents. Joan says, “A lot of different terms are used in the industry, and this is a classic example of where things get confusing. A life plan community is really an umbrella term that covers independent communities that have additional care levels available, such as assisted living, memory support, and normally skilled nursing as well.
“That term ‘life plan’ is actually replacing, if you will, the term CCRC, or continuing care retirement communities. So they can really be used interchangeably now. Within that umbrella of life plan or CCRCs, there are various models that differ from one another — different contracts such as a type A life care, a type B modified, or a type C fee for service.”
Transforming Age is a nonprofit organization committed to improving the lives of older adults by integrating housing, community services, technology, philanthropy, and partnerships. The Transforming Age network of affiliates offers high quality housing communities in great locations including Continuing Care Retirement Communities, Active Adult, Affordable Housing, Independent Living, Assisted Living, Memory Support and Skilled Nursing.
* Transforming Age website
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