Kentucky continuing care retirement communities (CCRC)

Find CCRCs In Kentucky

Depending on your location and specific needs your options for continuing care may vary. Continuing care retirement communities are retirement communities with accommodations for independent living, assisted living, and nursing home care, offering residents a continuum of care. The communities ensure a dignified place for your or your senior to stay. Although there is no overarching federal agency that regulates CCRCs, the private non-profit organization CARF-CCAC provides a voluntary process for individual CCRCs to become accredited.

Recreation and Attractions In Kentucky

When visiting Kentucky, be sure to take a scenic train ride with an Appalachian backdrop or visit a derby museum or racetrack. The abundance of activities in Kentucky can be surprising! For those interested in the outdoors, state parks and the Mammoth Cave National Park can be excellent day-trip locations. Kentucky also boasts a multitude of Appalachian folk art, crafts, and music that give the state its distinct creative feel. No matter your range of interests and mobility, Kentucky has something for everyone after a little bit of exploration!

Kentucky's Climate, Geography, and Culture

The average temperature is 54 degrees, with an average low temperature of 42 degrees, and an average high temperature of 65 degrees. Winter temperatures are in the 40s and the summer temperatures are in the 80s. The fall and spring temperatures are between the 50s and 70s. The summers are mild with some hot, humid days and winters usually have snow, which melts quickly. A mix of southern pride and midwest Appalachia, Kentucky-natives will proudly welcome you to their state.

Kentucky's CCRCs Regulations and Laws

Continued care homes in Kentucky are subject to a list of rules, regulations, and laws that should be readily available to you and your loved one. These regulations are put in place by the state to make sure all facilities provide the best possible care. Regulations like strict health codes and extensive background checks for employees are just a few of the regulations put in place to ensure that you or your loved one get the best CCRC care in Kentucky.

Crime and Safety In Kentucky

When locating a suitable CCRC in Kentucky, it is imperative to ensure that you and your property investments are safe. Doing a little more in-depth research into the cities you’re considering can help the decision process along and make the most of your finances. It is important to the wellbeing of residents not to feel endangered in their environment, so here are the three safest cities in Kentucky.

Location	Violent Crimes Per 1,000 Residents	Property Crimes Per 1,000 Residents
La Grange	1.53	14.21
Lawrenceburg	.9	7.3
Alexandria	.68	20.71

Payment and Costs for CCRCs in Kentucky

The payment plans will differ at each CCRC, however, large entrance fees are to be expected and can range anywhere from $30,000 to $500,000 and even up to $1 million at a single time depending on your contract and location. The national average cost of an entrance fee based on the most recent data is $248,000, and this price is expected to continue to fluctuate based on local housing prices.

The difference in prices is largely a result of the type of contract residents enter into, as well as their individual health care costs and possible Medicare or Medicaid coverage.

Extensive Contracts – Guarantee a lifetime of housing and care at any and all levels provided by the community. These include monthly fees in exchange for a wide range of services. Because there is a relatively lower degree of risk, the upfront costs are much higher.
1. Entry Fee: $160,000 - $600,000
2. Monthly Fee: $2,500 - $5,400
Modified Contracts – Modified contracts only extended to a set number of days. After exceeding this limit, services are paid for out of pocket by the resident. Monthly fees are also still charged at an ongoing rate.
1. Entry Fee: $80,000 - $750,000
2. Monthly Fee: $1,500 - $2,500
Fee-For-Service Contracts – Residents only pay for the services they currently use, however, are not safeguarded from any future changes in pricing or service availability. Most of the financial burden is born by the resident, depending on Medicare or Medicaid eligibility. These are considered to be the contracts with the highest risk, even though their upfront costs are the lowest.
1. Entry Fee: $100,000 - $500,000
2. Monthly Fee: $1,300 - $4,300
Rental Agreements – Allow residents the ability to rent a housing unit by paying a monthly or annual basis. This type of contract does not guarantee access to healthcare on a fee-for-service basis, unlike other agreements.
1. Entry Fee: $1,800 - $30,000
2. Monthly Fee: $900 - $10,700
Equity Agreements – Shares of the community or association are afforded to individuals by the transferal of actual home, condominium, or townhome ownership within the CCRC. Healthcare services can still be purchased for additional fees. Through an equity agreement, the property’s appreciation benefits the individual or their estate as specified by the terms of the contract. This type of agreement relies heavily on the fluctuations of real estate in the area.

From a Report by The U.S. Government Accountability Office.

Senior Rights for Continuing Care Communities in KY

Entering a Kentucky CCRC doesn’t mean your US rights are left behind. State and federal laws guarantee that your freedoms, privacy, and ability to act autonomously are preserved while receiving care at the community's various levels. All services provided and a description of your rights within each particular CCRC are to be displayed and understood upon entering into your continuing care contract. If these rights are violated, don’t hesitate to contact a legal advisor familiar with senior law. Coupled with Kentucky’s diverse attractions and unique cities, your move to a CCRC can be the perfect chance to retire comfortably.

KY CCRC: Medical Record Rules and Regulations

Often, an applicant’s health records are required in conjunction with a physical examination given by a physician selected by the CCRC. Unfortunately, it is common for applicants with frailties and those older than 80 years of age to be denied admission, especially if their pre-existing medical conditions are excluded from the health care coverage to be provided. All residents are entitled to access of these medical records at any time, as well as when disclosures are made. Otherwise, these records are to remain confidential for up to 10 years and can be accessed by submitting a request and providing a small fee.