Our 80% Return Of Capital Plan is a financial plan option for those that have a Long-Term Health Care Insurance Policy.
After you pay a one time only Entrance Fee, you will then pay a monthly fee. The Entrance Fee and monthly fee are based on the square footage and if it will be single or double occupancy. If you move to our Assisted Living of Long Term Nursing Care, 80% of your Entrance Fee is kept in a separate account that you may draw your fees from as long as it lasts.
You will also receive a full 10% deduction from the current private pay market rate of the monthly or daily fee. The 10% deduction will continue as long as you live at Ridgecrest Village. If you choose not to draw your fees from this separate account, you do not receive the 10% deduction.