9 minutes | Sunday, May 12, 2024
Joan Rettmann from Transforming Age joins Suzanne to talk about the definition of a life plan community and what it offers 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 website* Hear more podcasts about discovering senior living Answers for Elders is part of the Senior Resource Network. Check out our affiliate podcast Alzheimer’s Speaks.See omnystudio.com/listener for privacy information.