Assisted Living Monthly Service Fee Incentive
Life care | Westerwood

Westerwood is the only true Life Care community in the Westerville, Ohio, area.

When you choose a Life Care Community like Westerwood, you put a plan in place for the future. As your health needs change, you don’t have to move to access the services you need. Everything is here under one roof: independent living, assisted living, memory care, rehabilitation, and skilled nursing.

That means you can continue to live in the community you love, with friends and staff you know, without having to move to another community if your level of care increases. For married couples, you can stay connected—even if one of you requires skilled nursing or memory care. Plus, with a Life Care contract, you can rest assured that health services costs will be predictable and affordable.

What is a Life Care contract?

A Life Care contract is what sets Life Plan communities apart from each other by providing a predictable living cost so you can plan ahead. It helps offset the expenses associated with escalating care services, which can easily reach $100,000 a year or more.

If your needs change over time, you will have guaranteed unlimited access to our full continuum of the highest-quality, on-site health care services available. This includes assisted living, memory care, skilled nursing, and rehabilitation therapy. With a Life Care contract, you can be confident that up to 50 percent of your entrance fee will be returned to you or your estate, keeping your financial assets well-protected. However, you need to qualify for Life Care while you’re relatively healthy as an independent living resident.

Life care contract | Westerwood

What are the differences between Life Care, Life Choice, and Rental agreements?

Life Care Agreement

The Life Care agreement provides the most significant control over limiting your future health care costs. For a one-time full entry fee, you receive secured, predictable pricing for unlimited use of assisted living, memory care, or long-term care throughout your lifetime. The return of capital option is 50 percent refundable. Because this option is a type of prepaid health care, there is also the potential for significant tax-related savings.

The Life Choice Agreement

The Life Choice agreement allows you to pay a lower entrance fee and receive a discount on future health care costs as well as up to 10 free days in the Rehabilitation Center or short-term assisted living in a calendar year. The return of capital option is 50 percent refundable.

Rental Agreement

The rental agreement is designed for those who prefer no upfront entrance fee. Our rental agreement includes the same full range of amenities as the Life Care and Life Choice agreements. However, monthly fees are higher, and you’re not protected from the increasing costs of health-related care services.

Life care | Westerwood

Life Care at Westerwood

What Benefits do a Life Care Community Offer Me?

As older adults plan for retirement, they must consider how they’re going to maintain their home and their health. A Life Care community gives you peace of mind by providing access to health care alongside easing the burden of keeping up with all day-to-day tasks that come with homeownership. Studies show that older adults who choose to move to a Life Plan community are happier and healthier. Nearly 80 percent of our independent living residents participate in our fitness programming on a regular basis.

Choosing a Life Care community also takes the stress of decision making off the shoulders of your family members and loved ones, as they can trust that you have access to all the care you need for every stage of your life. It also puts you in the driver’s seat instead of allowing others to make the decision that might not align with your wants, needs, or location. Westerwood allows you to live without uncertainty.

How Does a Life Care Community Save Me Money?

With a variety of Life Care options, Westerwood offers you financial stability. Rental, Life Choice, or Life Care are all tailored to fit your individual circumstances and financial needs. Each contract type allows you to enjoy all community amenities, the residence of your choice, and preferred access on the full continuum of health care services.

What Types of Contracts are Available at Westerwood?

When you choose Westerwood, you put a plan in place for the future. Unlike moving to an independent living community, if your needs change, you won’t have to move to get the health services you need. Everything is right here under one roof: independent living, assisted living, memory care, and long-term care. Westerwood offers a variety of contract options, including Life Care, Life Choice, and rental agreements. This pricing structure provides more flexibility for your future.

The Life Care agreement provides the greatest control over limiting your future health care costs. For a one-time full entry fee, you receive secured, predictable pricing for unlimited use of assisted living, memory care or long-term care over the course of your lifetime. The return of capital option is 50 percent refundable. Because this option is a type of prepaid health care, it has the potential for significant tax-related savings.

Westerwood’s Life Choice agreement allows you to pay a lower entrance fee and receive a discount on future health care costs as well as up to 10 free days in the Rehabilitation Center or short-term assisted living in a calendar year. The return of capital option is 50 percent refundable.

The rental agreement is designed for those who prefer no upfront entrance fee. Our rental agreement includes the same full range of amenities as the Life Care and Life Choice agreements, but monthly fees are higher.

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