Understanding the Cost

Generally speaking, the monthly fee is nearly equal to or less than the standard monthly cost of living residents would pay in their own homes if they chose not to move to Mozaic Concierge Living. Once you consider all the costs associated with owning a home, such as services, amenities and maintenance expenses, Life Care communities like this one make even more sense. That’s because residents are able to wrap homeowner’s insurance, utility bills, property taxes, maintenance, yardwork and almost any other home-related expense into one monthly fee. Not to mention, exchanging the headaches of home ownership for the convenience of peace of mind.

Residents deserve an extraordinary lifestyle filled with the types of services that let them live comfortably. Entrance fees allow us the financial opportunity to appeal to potential residents while also meeting the expenses necessary to operate our community. A refundable entrance fee program provides just that opportunity.

Many residents take the proceeds from selling their own home and apply them toward the entrance fee. Through this model, residents can enjoy the amazing benefits of a Life Plan Community along with the assurance of access to multiple Health Services at predictable costs, should the need arise in the future. Plus, with the knowledge that a sizable portion of the entrance fee will be refunded to them, their children or their estate, residents can rest easy and enjoy every moment that much more.

Tax laws are always changing and subject to interpretation, but recent legal precedents have been favorable to Life Plan Community residents hoping to deduct a portion of their fees. Please consult a tax advisor for more information.

Moving to Mozaic Concierge Living does not replace your long-term care insurance. Rather, it works together with your current policy to pay earned benefits directly to you as the policyholder in most cases. Ask a member of our team for more information and to help you better understand your policy and the benefits for which you’ll be eligible.