What is Life Care?
A Life Care community offers more than a place to live—it offers peace of mind.
You can pay an upfront fee that includes access to care, services and amenities for life.* If your needs change over time, you can count on continued support, comfortable accommodations and quality care. It’s a unique benefit that helps you feel confident about the road ahead.
*The Life Care guarantee is subject to the terms and conditions of the Residency Contract. This option is subject to availability at the Life Care community. Available care levels vary by community.
Hillside
300 NW Hillside Park Way, McMinnville, OR 97128
503-472-9534
Features of a Life Care Community
Life Care communities provide you with an enhanced retirement experience—one where you can enjoy a lifestyle with fewer worries and more of what matters. You can enjoy peace of mind knowing you have planned for your future.
Rental CCRCs have a basic service rate, which can vary depending on your specific accommodations and care level. This payment may cover a majority of your living expenses—as you build your budget, account for things like utlities, property taxes, grocery bills and lawn care, which are typically included in your total amount due.
Life Care CCRCs charge an entrance fee that’s paid upfront. The amount depends largely on the floor plan, services and contract you choose. Many choose to fund the entrance fee with a portion of their investment portfolio or the sale of a home.
In addition to the entry fee, Life Care CCRCs have a basice service rate that’s based on factors like which accommodations and contract you have. The fee may vary from year to year depending on the level of care you need.
*The Life Care guarantee is subject to the terms and conditions of the Residency Contract. This option is subject to availability at the Life Care community. Available care levels vary by community.
In many cases, a considerable portion of the entry fee can be refunded if your stay is shorter than expected. If that happens, you or your estate will generally get a percentage of the refund back.
Policies differ from community to community: your refund could be a set percentage based on the total entry fee amount, or it may be based on a monthly reduction that’s determined by how long you stay. It could potentially be a combination of the two.
Before your move-in, the community outlines refund details so matters are easy to understand. It’s a straightforward process that helps you feel confident in your decision—for yourself and your family.*
If you have questions about the policies of a specific community, get in touch with one of their representatives. They would be happy to help explain your specific options in more detail.
*The Life Care guarantee is subject to the terms & conditions of the Residency Contract.
The IRS views Life Care as a prepaid medical expense, you may be eligible for tax deductions on part of your entry fee and basic service rate—sometimes up to 40%. Your tax advisor can help you understand what applies to your situation.
A Life Care contract can also support your estate planning. It covers future health care needs and gives you the option to select a refundable plan that returns a portion of your entry fee to your chosen beneficiary.
*The Life Care guarantee is subject to the terms and conditions of the Residency Contract. This option is subject to availability at the Life Care community. Available care levels vary by community.
With multiple care levels on one campus, you can stay in the community you choose, surrounded by the amenities, spaces, and activities you enjoy.
Plus, with Life Care you know your medical needs can be supported—without you having to worry about how to pay.
*The Life Care guarantee is subject to the terms and conditions of the Residency Contract. This option is subject to availability at the Life Care community. Available care levels vary by community.