Edgehill is a continuing care retirement community (CCRC) with three defining elements:
The best time to move is while your parents are active, healthy and able to enjoy everything we have to offer. People who wait until they are facing a health problem have fewer options. They are forced to make a decision in a time of stress. If your parents move to Edgehill while they are still healthy, they can enjoy a truly carefree retirement.
CCRCs eliminate the time-consuming chore of home maintenance, fear of becoming a burden to relatives, concerns of aging among strangers, and worries about the availability and cost of quality long-term care. Edgehill combines unparalleled financial security and peace of mind with a truly independent lifestyle and wide range of services and amenities.
With Lifecare, the payment of a one-time 90% refundable entrance fee and a monthly service fee guarantee unlimited lifetime access to a full continuum of on-site care, at predictable, substantially reduced rates, regardless of the level of care that may be needed.
Because of the financial arrangements under which these services are provided, the Lifecare package has advantages from a tax standpoint, as well. Several rulings by the United States Internal Revenue Service have established that a portion of the entrance fee and monthly fees are deductible as a pre-paid medical expense.
Independent Living residents must be healthty when they move in to qualify for the substantial tax benefits and asset protection of Lifecare. People admitted directly into out health care neighborhoods are not eligible for Lifecare.
The cost of living at Edgehill is made up of two parts: (1) A one-time entrance fee that is 90% refundable to the resident or his or her estate, regardless of how long they live with us; (2) a monthly service fee. The entrance fee and monthly service fee depend on the apartment style selected.
No, they will not have to pay two fees and they will not have to move from their apartment home. This is the true financial protection of the Lifecare Advantage at Edgehill. Even if one person is in the apartment and the other is in nursing care or assisted living, each couple pays only the monthly fee for their apartment, plus two extra meals for any long-term care.
The monthly fee covers just about everything: full interior and exterior maintenance of the home and beautifully landscaped grounds, outdoor parking, meals, weekly housekeeping, linen service and 24-hour security. The community amenities and recreational activities include a wellness center, heated indoor pool and jacuzzi, fitness room, card room and pub, library, beauty salon/barber shop, elegant restaurant-style dining and private dining room, country store, activity room with large movie screen and more.