Financial Options

The Watermark at 3030 Park offers both Life Care and Fee-For-Service membership fee options. Both options have all the benefits of independent living with convenient access to the best in assisted living, memory Care, skilled nursing & rehabilitation services right here in our community. Both options are incredible values and offer peace of mind, choosing which one is right for you depends upon your personal situation and financial goals.

LIFE CARE

Our Life Care contract guarantees you unlimited access to on-site health care as needed for life. For the Life Care benefit, you will pay a higher monthly fee and you are guaranteed that your basic monthly fee will remain consistent regardless of which level of care you may need. If you do not have a long term care insurance policy or predictable financial planning is important to you, then this may be the better option for you. Especially when you consider that the average cost of a stay in a skilled nursing community in Connecticut is over $11,000 per month.

FEE-FOR-SERVICE

When you choose the Fee-For-Service contract, you benefit from priority access to on-site health care and lower monthly fees while living independently. You will then pay the market rate for future care, if and when you need it. If you already have long term care insurance coverage or want the flexibility to relocate for future health care, then this may be the better option for you.


View What’s Included PDF

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The below article is featured on kiplinger.com, posted in September, 2014. Click here for the original article published. Retire in Style at a Continuing Care Retirement Community Continuing care retirement communities offer a resort-like setting and care when you need it. Pat and Arne Cook thought they had made their last move, but when Arne […]