(610) 775-2300
At The Highlands at Wyomissing®, you can choose a Life Care contract that is perfect for your lifestyle and future needs.
Future Residents
All Life Care contracts cover long-term care, which includes assistance with the tasks of daily living, as well as support for those with Alzheimer’s disease or other memory issues. Our Life Care contracts provide peace of mind for our residents and their family members so that they can enjoy this time of life without worry.”
There are three major types of Life Care contracts available in the senior living industry:
Whatever contract is chosen, residents are entitled to a wide variety of services and amenities such as maintenance-free living, fitness classes, events and activities, excursions, meals and more. Contracts also allow residents to be moved to an appropriate level of care if or when necessary, including assisted living or personal care skilled nursing, rehabilitation and memory support.
Below is a simplified comparison to help guide your decision. No matter which contract type you choose, we’re here for you every step of the way.
Type A contracts are the most expensive type of Life Care contract, but they’re also the most comprehensive and all-inclusive. Sometimes referred to as an “exclusive” or “extensive” contract, this option requires a resident to pay a significant up-front entrance fee that guarantees an unlimited amount of services without having to pay additional fees (except for the monthly fee that’s required throughout your tenure). This type of contract can be very beneficial for helping protect seniors against the rising cost of healthcare, as well as protecting their estate and assets from medical costs.
At The Highlands at Wyomissing, our Type A contracts offer housing, services, amenities and, most importantly, unlimited healthcare at the same monthly service fee. It provides priority access to Personal Care services, Skilled Nursing, Home Care services, Memory Support, Short-Term Rehabilitation as well as services from our on-site physicians.
A Type B contract is very similar to Type A contract and includes the same basic services. However, this type of contract differs in the amount of services covered by the entrance and monthly fees. Some Type B contracts, for example, put a limit on personal care and skilled nursing care or may require the resident to pay additional costs to use those services longer than the contract covers. The entrance fee for Type B contracts is usually lower than Type A, and they can be a good choice for residents who can’t or don’t want to pay the higher entrance fee.
Type B contracts at The Highlands at Wyomissing offer housing, services, amenities and limited healthcare. Single occupants receive 60 Personal Care and 60 Skilled Nursing days in a lifetime. Double occupants receive shared 90 Personal Care and 90 Skilled Nursing days in a lifetime. The contract provides priority access to Personal Care services, Skilled Nursing, Home Care services, Memory Support, Short-Term Rehabilitation as well as services from our on-site physicians.
A Type C or Fee-for-Service contract generally has the lowest cost for entry of all Life Care contracts. What you receive in this type of contract varies greatly and may not include discounts and priority access to additional services. The Highlands at Wyomissing does not offer a Type C contract.
For both Type A and Type B contracts, entrance fees amortize over the first 50 months. Any unamortized portion is refunded to the resident or their estate if the contract ends before 50 months.
