How does a CCRC differ from a rental retirement community?
At many rental communities, residents who need a higher level of care are required to move to a different facility where assisted living, Alzheimer’s or dementia care, is offered. It is often difficult to find another situation which meets the standards they currently enjoy and is convenient for the partner or friends to visit. Rental communities are not subject to the same stringent rules that govern CCRC’s, and they are not subject to the State of California DSS oversight and regulations. These important regulations are designed to ensure the high standards of care and strong financial management that must be in place at a CCRC. Because there is a greater turnover in rental communities, and residents must move to other facilities when health care is needed, the population of rental communities is more transient. What is the purpose of an entrance fee and what does it cover? To provide the financial resources needed to operate as a CCRC, retirement communities in California and elsewh
