(202) 407-9672
Contact Us
Rock Creek- Washington DC's premier retirement community.

IRC Blog

IRC Blog
Posted: Thursday, February 14, 2019
By: IRC Blog

Factors to Consider when Choosing a CCRC (Life Plan Community)

Choosing a Continuing Care Retirement Community, also referred to as a CCRC or life plan community, is a major decision and one that is unlike any other choice you have made before. Ultimately, it is a decision that impacts your lifestyle, finances, housing, and health care. That is why it is important to make an informed decision; one that can help secure your future, regardless of unforeseen health situations. As you weigh your options, here are some things to consider:

  • All CCRCs are not created equal. There are five main types of residency contracts—and multiple variations of each. Research each type to determine which one is the best fit for your unique situation. Some communities may offer multiple contracts to choose from. Ingleside at Rock Creek is a Type C contract, also referred as a Fee for Service Contract. What that means is you pay for the service you need at the time you need them instead of prepaying for anything.
  • Be sure that the community offers the type of setting, culture, and lifestyle that you feel best suits your personality and desires. Consider asking if you can stay for a night or two in the guest suite and talk with some of the residents. Also talk with staff to see if they seem happy and helpful.  
  • Most CCRCs require an entry fee, although some offer rental contracts. Almost all entry-fees are refundable to some extent. Under a traditional, “declining-balance” contract residents do not recoup any of the entry fee after the initial period of occupancy (typically 1 to 4 years). Other CCRCs offer refund options, often called “return- of-capital” contracts, whereby some portion of the entry fee is refunded if the resident moves out or at death, regardless of the length of occupancy. In general, a return-of-capital contract will require a higher entry fee than a traditional contract. If you are considering a refundable contract be sure you understand the stipulations for receiving the refund. Ingleside at Rock Creek does have entrance fee. We offer three different plans: a declining balance plan, 50% refundable plan, and a 90% refundable plan. To learn about the differences between each plan, please contact our sales office at 202-534-1507.
  • The financial stability of a CCRC will play a large role in determining if it can fulfill its long-term commitment to provide lifetime housing and health care to residents. Do the appropriate research to learn about the community’s financial stability, history of operations, and the experience of its board and management. Ingleside has a long-standing history of more than 110 years. We are on track on completing two major expansion projects on time and on budget. For more information about finances of our community, please contact us.
  • While there are many reasons, why someone might choose a CCRC, the distinguishing factor from other choices is the peace of mind that comes with knowing your future health care needs will be met. Therefore, confirm that the community provides the type of care you would expect to receive. Inquire about quality of care, awards and recognitions, ratings, any history of complaints, staff turnover, and other indicators. Ingleside at Rock Creek is fully accredited by CARF, the independent organization that evaluates continuing care retirement communities (CCRCs) on 1,700 different criteria, from health care to food service to finances. Only 10% of CCRCs in the United States achieve this honor. In addition, we are building brand new Health Services Center to accommodate all levels of care, offering residents peace of mind, knowing care is there if needed.


The above article was written by Brad Breeding of myLifeSite and is legally licensed for use.

Rock Creek Blog


Recent Posts

Wellness Programs: Good for CCRC Residents & The Bottom Line

Factors to Consider when Choosing a CCRC (Life Plan Community)

7 Resolutions Seniors Can Make for the New Year




April 2019

February 2019

December 2018

November 2018

October 2018

August 2018

July 2018

May 2018

April 2018

February 2018

January 2018

November 2017

October 2017

September 2017

June 2017

May 2017

March 2017

January 2017

December 2016

November 2016

October 2016

September 2016

August 2016

July 2016

June 2016

May 2016

April 2016

March 2016

February 2016

January 2016

December 2015

November 2015

October 2015

September 2015

August 2015

July 2015

June 2015

May 2015

April 2015

March 2015

February 2015

January 2015

December 2014

October 2014

May 2014

April 2014

December 2013

October 2013

September 2013



3050 Military Road NW, Washington, DC 20015
Main Number: (202) 363-8310   Sales & Marketing: (202) 407-9672    Human Resources: (202) 596-3090

Privacy and Legal    |    Accessibility Statement