Life care has you covered
Life Care Members at Ventana benefit from the security of locked-in pricing well below market rates for assisted living, memory care and skilled nursing. As Dallas’ only Life Care community, we offer the most financially advantageous senior living option for those looking to guard against the rising costs of healthcare.
WHAT IS LIFE CARE?
Life Care is a specific legally binding contract that provides our Members for lifelong assurance of healthcare services, and protects the signatory against steep increases in the cost of care. At Ventana, Members enter into a Life Care Agreement when they move to an independent living residence. Then, over the years, should they need to transfer to our onsite assisted living , memory support , and skilled nursing neighborhoods, their care will be delivered at 30-50% lower than average market rates.
VENTANA’S LIFE CARE COMMUNITY
Life Care at Ventana is for planners—those who are ready to protect their future from the unknowns of tomorrow. By taking advantage of an up to 90% refundable entrance fee and significant discounts on care received on campus, most Members will pay far less over time when compared to other communities or living at home.
Under this agreement, up to 90% of your initial entrance fee will be returned to you or to your estate upon conclusion of the contract should you move or pass away. Non-refundable dollars are considered a pre-paid medical expense, and a portion of that is tax-deductible under current IRS law.
As the only high-rise Life Care Community in all of Dallas, Ventana takes living well to new heights. Offering floor-to-ceiling views of the Park Cities, exceptional fitness facilities and programs, superb food, the company of openhearted neighbors, and the support of a caring staff, every aspect of life here lives up to the highest standards.
To learn more about Ventana’s Life Care offerings, explore our visual guide.
WHAT’S THE DIFFERENCE BETWEEN A LIFE CARE COMMUNITY AND AN OWNERSHIP COMMUNITY?
The primary difference between ownership communities and CCRCs like Ventana is that ownership communities typically do not include assisted living or skilled nursing care. In addition, ownership communities may not offer a continuum of care conveniently available on-site like a CCRC. Residents in an ownership community are also responsible for the resale of their home and for payment of the community’s monthly service fee until their home is resold, even after they have moved out.
WHAT’S THE DIFFERENCE BETWEEN A CCRC AND A RENTAL COMMUNITY?
The primary difference between CCRCs and rental communities is that rental communities typically do not include assisted living or skilled nursing care. If a resident develops the need for these services, the cost of care is entirely the resident’s responsibility. Also, since these additional services are not available on-site, those requiring care may need to move at their greatest time of need, whereas these services would always be available at a continuing care retirement community.
Another key difference is that rental communities are not subject to the same oversight and regulation as CCRCs. The Texas Department of Insurance is charged with monitoring the financial solvency of Ventana.
Reach Out to Ventana Today for Senior Life Care Services
If you or someone you care for is considering senior life care services, contact Ventana today. We are here to provide compassionate care and help seniors make the most of each day. Our team will take the time to answer all questions and concerns so that you can make an informed decision about our Life Care Plan options. Let us show you how we can help. Call 214.225.6197 or complete our web form.